Marginal relief: Difference between revisions
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* [[Marginal]] | * [[Marginal]] | ||
* [[Marginal rate of tax relief]] | * [[Marginal rate of tax relief]] | ||
* [[Relief]] | |||
* [[Tax]] | * [[Tax]] | ||
* [[Tax relief]] | * [[Tax relief]] | ||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
Latest revision as of 00:30, 7 July 2022
Tax - UK Corporation Tax & Capital Gains Tax.
Marginal relief is tax relief designed to bridge a boundary between:
- (1) A full rate of tax - or charge to tax - and
- (2) Lower rates, or tax free transactions.
Applying marginal relief has the effect of a lower overall effective rate of tax, or a lower tax charge.
Examples of contexts where marginal tax relief have applied include UK Corporation Tax & Capital Gains Tax.
