| Short Title: | Finance Act 1999 |
| Type: | Act |
| 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. |
| Year: | 1999 |
| Citation: | 1999 c. 16 |
| Royal Assent: | 27 July 1999 |
| Replaces: | Taxation of Chargeable Gains Act 1992 |
| Status: | current |
| Original Text: | https://www.legislation.gov.uk/ukpga/1999/16/enacted |
| Use New Uk-Leg: | yes |
The Finance Act 1999 (c. 16) is an Act of the United Kingdom Parliament prescribing changes to Excise Duties; Value Added Tax; Income Tax; Corporation Tax; and Capital Gains Tax. It enacts the 1999 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.
Long-term rules governing the various taxation methods are contained within specific 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 Acts.