![cover image](https://wikiwandv2-19431.kxcdn.com/_next/image?url=https://upload.wikimedia.org/wikipedia/commons/thumb/7/7c/Legal_stamp_%25E2%2580%2593_Inland_Revenue.jpg/640px-Legal_stamp_%25E2%2580%2593_Inland_Revenue.jpg&w=640&q=50)
Finance Act
Fiscal legislation enacted by the UK Parliament / From Wikipedia, the free encyclopedia
For the similar Act in India, see Finance Act (India).
A Finance Act is the headline fiscal (budgetary) legislation enacted by the UK Parliament, containing multiple provisions as to taxes, duties, exemptions and reliefs at least once per year, and in particular setting out the principal tax rates for each fiscal year.
![Thumb image](http://upload.wikimedia.org/wikipedia/commons/thumb/7/7c/Legal_stamp_%E2%80%93_Inland_Revenue.jpg/320px-Legal_stamp_%E2%80%93_Inland_Revenue.jpg)