Marginal relief: Difference between revisions
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''Tax - UK Corporation Tax - UK Capital Gains Tax''. | ''Tax - UK Corporation Tax - UK Capital Gains Tax''. | ||
Marginal relief is tax relief designed to bridge a boundary between (1) | 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. | Applying marginal relief has the effect of a lower overall effective rate of tax, or a lower tax charge. | ||
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== See also == | == See also == | ||
* [[Capital Gains Tax]] | |||
* [[Corporation Tax]] | |||
* [[Marginal]] | * [[Marginal]] | ||
* [[Marginal rate of tax relief]] | * [[Marginal rate of tax relief]] | ||
* [[Tax]] | |||
* [[Tax relief]] | * [[Tax relief]] | ||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
Revision as of 09:11, 3 March 2022
Tax - UK Corporation Tax - UK 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, and UK Capital Gains Tax.
