The Finance Act 2013 primarily aimed to implement various fiscal policies introduced in the UK Budget 2013. Key highlights include the introduction of the General Anti-Abuse Rule (GAAR) to counteract tax avoidance strategies, reforms in the income tax rates and thresholds, and adjustments to corporate tax rates. The Act also introduced changes to VAT legislation and the Annual Tax on Enveloped Dwellings (ATED) aimed at properties owned by companies. These measures were designed to ensure fairer taxation, boost economic stability, and address imbalances in the tax system.
LexisNexis 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 Finance Act 2013 primarily aimed to implement various fiscal policies introduced in the UK Budget 2013. Key highlights include the introduction of the General Anti-Abuse Rule (GAAR) to counteract tax avoidance strategies, reforms in the income tax rates and thresholds, and adjustments to corporate tax rates. The Act also introduced changes to VAT legislation and the Annual Tax on Enveloped Dwellings (ATED) aimed at properties owned by companies. These measures were designed to ensure fairer taxation, boost economic stability, and address imbalances in the tax system.
LexisNexis 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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