Marginal rate of tax relief: Difference between revisions
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imported>Doug Williamson (Add reference to Marginal relief; clarify main definition wording re 'a small increase' in total amount of debt.) |
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The rate of tax at which a taxpayer would effectively save tax on the additional tax relieved expenditure if the total tax relieved expenditure increased by a small amount. | The rate of tax at which a taxpayer would effectively save tax on the additional tax relieved expenditure if the total tax relieved expenditure increased by a small amount. | ||
For example the marginal rate of tax relief on debt servicing costs, assuming | For example the marginal rate of tax relief on debt servicing costs, assuming a small increase in the total amount of debt finance. | ||
== See also == | == See also == | ||
* [[Marginal rate of tax]] | * [[Marginal rate of tax]] | ||
* [[Marginal relief]] | |||
Revision as of 10:50, 15 September 2013
The rate of tax at which a taxpayer would effectively save tax on the additional tax relieved expenditure if the total tax relieved expenditure increased by a small amount.
For example the marginal rate of tax relief on debt servicing costs, assuming a small increase in the total amount of debt finance.
