Finance Act 1965

id: finance-act-1965-191-3617967
title: Finance Act 1965
text: The Finance Act 1965 is an act of the Parliament of the United Kingdom which introduced two major new UK taxes. Corporation tax created a separate system for taxing the income of corporations, where previously they had paid income tax in the same way as private individuals. Capital gains tax is charged on the disposal of assets, and is based on any "real gain" made from the disposal. If the income comes within income tax, capital gains is not chargeable. Capital gains tax does not apply to corpo
brand slug: wiki
category slug: encyclopedia
description: United Kingdom legislation
original url: https://en.wikipedia.org/wiki/Finance_Act_1965
date created:
date modified: 2023-12-13T19:44:27Z
main entity: {"identifier":"Q5449523","url":"https://www.wikidata.org/entity/Q5449523"}
image: {"content_url":"https://upload.wikimedia.org/wikipedia/commons/9/9e/Royal_Coat_of_Arms_of_the_United_Kingdom_%28variant_1%2C_1952-2022%29.svg","width":1550,"height":1550}
fields total: 13
integrity: 15

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