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About: Finance Act 2015     Goto   Sponge   NotDistinct   Permalink

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The Finance Act 2015 is an Act of the Parliament of the United Kingdom enacting the 2015 United Kingdom budget. The Chancellor of the Exchequer delivers the annual budget speech outlining changes in spending, tax, duty and other financial matters. The respective year's Finance Act is the mechanism to enact the changes. Levels of excise duties, value-added tax, income tax, corporation tax and capital gains tax) are often modified. The bill for consideration was called 'Finance (No.2) Bill 2015', although it passed into law as 'Finance Act 2015'.