chargeable interest

chargeable interest
For the purposes of stamp duty land tax, an estate, interest, right or power in or over land in the UK; or the benefit of an obligation, restriction or condition affecting the value of any such estate, interest, right or power other than an exempt interest (section 48, Finance Act 2003).

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Игры ⚽ Поможем написать курсовую

Look at other dictionaries:

  • chargeable security — For the purposes of the Finance Act 1986: • Stocks, shares or loan capital. • Interest in, or in dividends or other rights arising out of, stocks, shares or loan capital. • Rights to allotment of or to subscribe for, options to acquire, stocks,… …   Law dictionary

  • chargeable — charge|a|ble [ tʃardʒəbl ] adjective FORMAL 1. ) if an amount of money is chargeable, it must be paid: Interest is chargeable at 5 percent per year. 2. ) considered to be a crime that you can be officially accused of: a chargeable offense 3. ) if …   Usage of the words and phrases in modern English

  • chargeable — UK [ˈtʃɑː(r)dʒəb(ə)l] / US [ˈtʃɑrdʒəb(ə)l] adjective formal 1) if an amount of money is chargeable, it must be paid Interest is chargeable at 5 per cent per year. 2) if income or property is chargeable, you must pay tax on it chargeable assets 3) …   English dictionary

  • Compound interest — The effect of earning 20% annual interest on an initial $1,000 investment at various compounding frequencies Compound interest arises when interest is added to the principal, so that from that moment on, the interest that has been added also… …   Wikipedia

  • Late Payment of Commercial Debts (Interest) Act 1998 — The Late Payment of Commercial Debts (Interest) Act 1998 is an Act of the United Kingdom Parliament enabling small businesses to chargelarger business customers interest on overdueaccounts.The Act extends to Northern Ireland.A small business is… …   Wikipedia

  • beneficial interest — The right to the use and enjoyment of property, rather than to its bare legal ownership. For example, if property is held in trust, the trustee has the legal title but the beneficiaries have the beneficial interest in equity. The beneficiaries,… …   Big dictionary of business and management

  • equitable rate of interest — A rate of interest chargeable against a fiduciary, as fixed by a court of equity, usually lower than the statutory rate. 30 Am J Rev ed Int § 35 …   Ballentine's law dictionary

  • charge·able — /ˈʧɑɚʤəbəl/ adj 1 : able to be charged The business lunch was chargeable to the company. chargeable interest 2 : able to be treated as a crime an act chargeable under federal law a …   Useful english dictionary

  • Schedular system of taxation — The Schedular system of taxation is the system of how the charge to United Kingdom corporation tax is applied. It also applied to United Kingdom income tax before legislation was rewritten by the tax law rewrite project. Similar systems apply in… …   Wikipedia

  • United Kingdom corporation tax — Throughout this article, the unqualified term pound and the £ symbol refer to the United Kingdom pound. Taxation in the United Kingdom This article is part of the series: Politics and government of the United Kingdom Central government …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”