|
|
Capital account deficit |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Capital account deficitDebits minus credits on capital account. See deficit.Similar MatchesCapital market imperfectionCapital market imperfectionAnything that interferes with the ability of economic agents to borrow and lend as much as they wish at a fixed rate of interest that truly reflects probability of repayment. A common source of imperfection is asymmetric information. Marginal efficiency of capitalMarginal efficiency of capitalThe percentage yield earned on an additional unit of capital. Capital Fulcrum PointCapital Fulcrum PointThe CFP measures the annual percentage growth rate required from the underlying instrument for you to do equally well in terms of capital appreciation from its associated warrant. Capital gains taxCapital gains taxCapital gains tax arises as a result of a 'chargeable event' - in the case of stock market investment, the disposal of shares at a profit.Just because you make a capital gain does not mean you necessarily have to pay tax on the gain. It all depends on your personal tax position, and on whether your total gains for the year are within the annual exemptions. The annual exemption per spouse in the tax year 2002-2003 is £7,700, rising to £7,900 for the 2003-2004 tax year.The gain you make beyond your annual exemption is added to any other income you may have and taxed as additional income at your marginal rate, be it 20% or 40%.Whatever the eventual tax position, it is important to keep records that enable you to calculate the gain on the sale of an asset, and ideally your record-keeping should be in a form that lends itself to completing your Tax Return.The essential information you need for each asset is:Base or original costDate of acquisitionDate of disposalDisposal proceedsWhen you have this information you are in a position to take advantage of indexation, taper relief, losses and your annual exemption. Capital investmentCapital investmentSee: Capital expenditure. Further SuggestionsCapital International IndexesCapitalist Personal tax view (of capital structure) Capital lease venture capital Capital formation Capital market Working capital ratio Capital mobility Capital control Capital account Capital shares Capital rationing Capital augmenting Capital gains distribution Capital gain Contributed capital working capital loan capital Capital gains tax Long Term Capital Gain Capital stock Venture Capital Capital expenditure Investment Company with Variable Capital |
|
|
|