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Finance Act 2002

Act of Parliament
Parliament of the United Kingdom
Long title	An Act to grant certain duties, to alter other duties, and to amend the law relating to the National Debt and the Public Revenue, and to make further provision in connection with finance.
Citation	2002 c. 23
Territorial extent	United Kingdom
Dates
Royal assent	24 July 2002
Commencement	24 July 2002
Other legislation
Amends	Stamp Act 1891 Betting and Gaming Duties Act 1981 Inheritance Tax Act 1984 Value Added Tax Act 1994 Capital Allowances Act 2001
Amended by	Statute Law (Repeals) Act 2013
Status: Amended
Text of statute as originally enacted
Revised text of statute as amended
Text of the Finance Act 2002 as in force today (including any amendments) within the United Kingdom, from legislation.gov.uk.

The Finance Act 2002 (c. 23) is an act of the Parliament of the United Kingdom prescribing changes to excise duties, Value Added Tax, Income Tax, Corporation Tax and Capital Gains Tax. It enacts the 2002 Budget speech made by Chancellor of the Exchequer Gordon Brown to the Parliament of the United Kingdom.

In the UK, the Chancellor delivers an annual Budget speech outlining changes in spending, tax and duty. The respective year's Finance Act is the mechanism to enact the changes.

The rules governing the various taxation methods are contained within the various taxation acts. (For instance Capital Gains Tax Legislation is contained within Taxation of Chargeable Gains Act 1992. The Finance Act details amendments to be made to each one of these ats.)

Provisions

The Climate Change Levy was revised.

External links

• Text of the Finance Act 2002 as in force today (including any amendments) within the United Kingdom, from legislation.gov.uk.
• Text of the Finance Act 2002 as originally enacted or made within the United Kingdom, from legislation.gov.uk.