What does ACT stand for?

Advanced Corporation Tax

This definition appears very rarely and is found in the following Acronym Finder categories:

Business, finance, etc.

Other Resources:

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Samples in periodicals archive:

Another example of the double standards with regard to retrospective legislation concerns Gordon Brown's ban on pensions funds reclaiming Advanced Corporation Tax -- a decision which meant that many private pension schemes went into immediate deficit.

MPs' contemptible double standards on expenses

Brewin Dolphiun said: "This means that 60 per cent of British people have made no revisions in their pension arrangements in the ten years since Advanced Corporation Tax credits were abolished.

Tax impact ignorance; FINANCE: Calculator launch over effect on ...

After Brown abolished advanced corporation tax relief for dividends paid to pension schemes, the UK stock market suffered a downturn.

Sheer imprudence; READERS VIEWS

The companies are going to see Advanced Corporation Tax abolished in April, and this is very likely to encourage further buying back of shares.

Strike it rich

And the findings revealed a further 19 per cent of Britons were aware that Mr Brown had removed the Advanced Corporation Tax credit, but had no idea of the impact on the value of their pension fund.

In dark over pension raid; BUDGET: Ignorance on tax credits abolition ...

One example was his decision to abolish the ability of insurance companies to reclaim Advanced Corporation Tax - a move which most people would not have noticed.

Britain's tax burden is rising faster than anywhere in Europe

One of Gordon Brown's original stealth taxes was the decision to abolish the rebate on advanced corporation tax to pension funds.

Labour's track record slips

Merrill says the abolition of advanced corporation tax, the financial strength of the sector and its low valuation are also expected to trigger substantial share buybacks in the coming months.

engineering revs ups with buy-back plans