Marginal relief: Difference between revisions
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''Tax - UK Corporation Tax | ''Tax - UK Corporation Tax & Capital Gains Tax''. | ||
Marginal relief is tax relief designed to bridge a boundary between: | Marginal relief is tax relief designed to bridge a boundary between: | ||
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Examples of contexts where marginal tax relief have applied include UK Corporation Tax | Examples of contexts where marginal tax relief have applied include UK Corporation Tax & Capital Gains Tax. | ||
Revision as of 09:13, 3 March 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.
