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INFO: Full form for PMIC is Private Mortgage Insurance Companies in Business category
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INFO: Full form for CLIME is Computerised Legal Information Management and Explanation in Business category
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INFO: Full form for CLIME is Coopers Lybrand Information Management Environment in Business category
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INFO: Full form for MOIS is Mutual of Omaha Investor Services in Business category
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INFO: Full form for CTEPC is Chevron Texaco Exploration and Production Company in Business category
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The Taxation of Chargeable Gains Act 1992 (c 12) is an Act of Parliament which governs the levying of capital gains tax in the United Kingdom. This is a tax on the increase in the value of an asset between the date of purchase and the date of sale of that asset. The tax operates under two different regimes for a natural person and a body corporate.

For a natural person, the rates of the capital gains tax are the same as those for earned income. The tax is levied at a rate determined by the highest rate of income tax which that person pays. If the person is a higher-rate tax payer, then the higher rate of income tax (currently 40%) is charged on the gain. Each year a natural person has an amount of gain, fixed by law, which is exempt from tax.

By contrast, for bodies corporate, the chargeable gain is treated as additional profits for the accounting period in question. The capital gains tax is charged as additional corporation tax. Bodies corporate have no allowance for gains free from tax.

Various reliefs from capital gains tax exist. These include indexation relief, where the amount of gain subject to tax is reduced by factoring in general price inflation, and taper relief, where set percentages of the gain are exempt from tax if the asset has been held for a certain length of time.

The Act has been amended yearly by subsequent Finance Acts.

INFO: Full form for MARF is Mitochondrial Assembly Regulatory Factor in Business category
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INFO: Full form for MARF is Multi Asset Renewal Fund in Business category
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INFO: Full form for CFGP is Chartered Financial Goal Planner in Business category
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INFO: Full form for CASF is California Advanced Services Fund in Business category
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INFO: Full form for AFHC is Aberdeen gd.c&i Capital (de-listed) in Business category
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INFO: Full form for WCHP is Worksite Community Health Promotion in Business category
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INFO: Full form for AAPM is American Academy of Pain Medicine in Business category
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INFO: Full form for DCMO is Deputy Chief Management Officer in Business category
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INFO: Full form for DCMO is Contract Development and Manufacturing Organization in Business category
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INFO: Full form for DCMO is Dutch Configuration Management Office in Business category
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INFO: Full form for DCMO is Defence Crisis Management Organisation in Business category
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INFO: Full form for PRIT is Predict It, Inc. in Business category
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INFO: Full form for DMHW is Disaster Mental Health Worker in Business category
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INFO: Full form for DMHW is Disaster Mental Health Workers in Business category
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INFO: Full form for WCHI is Waldo County Healthcare, Inc. in Business category
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INFO: Full form for WCHI is West Coast Hovercraft, Inc. in Business category
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INFO: Full form for WCHI is Western Carolina Home Inspections in Business category
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INFO: Full form for WCHI is Wyeth Consumer Healthcare, Inc. in Business category
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INFO: Full form for DMHS is Disaster Management and Homeland Security in Business category
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INFO: Full form for DMHU is DENSO Manufacturing Hungary, LTD. in Business category
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INFO: Full form for WPMV is Weatherproof Garment, MV sport in Business category
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BAE Systems Electronic Systems (ES) is one of three operating groups of BAE Systems Inc., the North American subsidiary of the British global defence contractor BAE Systems PLC.

INFO: Full form for USMR is U.S. Money Reserve in Business category
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INFO: Full form for ARMC is American Risk Management Company in Business category
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INFO: Full form for Poma is Pomagalski (not an acronym) in Business category
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INFO: Full form for SWFI is Savio Water Feature Institute in Business category
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INFO: Full form for SWFI is Sovereign Wealth Fund Initiative in Business category
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INFO: Full form for CMCN is Certified Managed Care Nurse in Business category
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INFO: Full form for STBM is Special Tehnology of Building Materials in Business category
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INFO: Full form for STBM is Systems Thinking Business Modelling in Business category
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INFO: Full form for MTMC is Micros to Mainframes Inc in Business category
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INFO: Full form for MTMC is Micros to Mainframe, Inc. in Business category
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INFO: Full form for MTMC is Medication Therapy Management Clinic in Business category
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INFO: Full form for SIDC is Securities Industry Development Corporation in Business category
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INFO: Full form for SIDC is Southern Illinois Dance Company in Business category
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INFO: Full form for PEOC is Paramount Energy Operating Corp in Business category
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INFO: Full form for LAMU is Land Area Management Unit in Business category
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INFO: Full form for AMPO is Algorithms Management and Policy Officer in Business category
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INFO: Full form for ABMC is Amer Bio Medica Corp in Business category
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INFO: Full form for ABMC is American Bio Medica Corporation in Business category
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INFO: Full form for ABMC is American Bosch Magneto Corporation in Business category
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INFO: Full form for ABMC is American Bio Medical Corporation in Business category
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INFO: Full form for WCMM is West Coast Mobile Marine in Business category
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INFO: Full form for WCMM is World Class MultiMedia in Business category
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