Capital gain and Member nominated trustee: Difference between pages

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imported>Doug Williamson
(Added extra line space before See also)
 
imported>Doug Williamson
m (Spacing and italics added 22/8/13)
 
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1.
(MNT).  
A realised increase in the value of a capital asset, as when a security or commodity is sold for more than the price at which it was purchased.


2. ''Tax.''
''Pensions.''  
The amount of the realised increase in the value of a capital asset, as calculated for tax purposes.   
 
In the UK individuals and partnerships are liable to Capital Gains Tax on their capital gains, while companies are liable to Corporation Tax on their 'chargeable gains'.
Under UK pensions legislation a minimum proportion of trustees must be nominated by the members of the scheme. 
 
This proportion is currently one third.   
 
''Also known as Employee nominated trustees.''




== See also ==
== See also ==
* [[Capital asset pricing model]]
* [[Trustees]]
* [[Capital Gains Tax]]
* [[Chargeable gain]]
* [[Rebasing]]
 
[[Category:Accounting,_tax_and_regulation]]

Revision as of 09:14, 22 August 2013

(MNT).

Pensions.

Under UK pensions legislation a minimum proportion of trustees must be nominated by the members of the scheme.

This proportion is currently one third.

Also known as Employee nominated trustees.


See also