The Act introduced significant changes to the UK tax system, including amendments to income tax, corporation tax, and capital gains tax. It provided measures to counteract tax avoidance and evasion, including anti-avoidance rules for transactions in securities and specific provisions addressing the use of offshore accounts. Changes were made to tax credits, particularly working tax credit and child tax credit, aiming to improve support for low-income families. The Act also introduced reforms to vehicle excise duty and measures to modernise tax administration processes. These developments were part of broader efforts to create a fairer and more efficient tax system.
桔子视频 traffic light system shows the status of legislation and cases so you are always using up-to-date law while historical versioning and legislative timelines lets you see exactly what has changed in legislation over time.
TAKE A FREE TRIALThe Act introduced significant changes to the UK tax system, including amendments to income tax, corporation tax, and capital gains tax. It provided measures to counteract tax avoidance and evasion, including anti-avoidance rules for transactions in securities and specific provisions addressing the use of offshore accounts. Changes were made to tax credits, particularly working tax credit and child tax credit, aiming to improve support for low-income families. The Act also introduced reforms to vehicle excise duty and measures to modernise tax administration processes. These developments were part of broader efforts to create a fairer and more efficient tax system.
桔子视频 traffic light system shows the status of legislation and cases so you are always using up-to-date law while historical versioning and legislative timelines lets you see exactly what has changed in legislation over time.
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