taper relief

taper relief Formerly, a relief applied in computing the capital gains tax(CGT) charge on a capital gain. The maximum reduction available was 40% for a non-business asset and 75% for a business asset. Taper relief was introduced in 1998 and abolished from April 2008, largely because of disquiet at the extent to which private equity firms were using it to avoid paying tax on their profits. It was replaced by entrepreneurs’ relief.

• asset and liability management committee
• asset-backed commercial paper
• asset-backed fund
• asset-backed medium-term note
• asset-backed security
• asset cover
• asset financing
• asset management
• asset turnover
• asset valuation
• asset–liability gap
• asset–liability management
• assignment
• assignment of copyright
• assignment of lease
• assignment of life policies
• assisted stock replenishment
• Associated British Ports
• Association for Payment Clearing Services
• Association of Accounting Technicians
• Association of British Insurers
• Association of Chartered Certified Accountants
• Association of Corporate Treasurers
• Association of Independent Financial Advisers
• Association of Private Client Investment Managers and Stockbrokers