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Council tax |
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Council taxA local taxation system which was introduced on 1st April 1993 to replace the previous and unpopular community charge (poll tax).The tax is based on the property value and the assumption that there are two or more adults in residence (aged over 18). There are eight bands of property values (A to H) and the tax incurred by each dwelling increases in increments from band A to band H. There is no further charge if there are more than two people resident but if the dwelling is only occupied by one individual, the bill will receive a discount.Similar MatchesCouncil for Mutual Economic AssistanceCouncil for Mutual Economic AssistanceAn international organization formed in 1956 among the Soviet Union and other Communist countries to coordinate economic development and trade. It was disbanded in 1991. Also known as COMECON. Thrift Institution Advisory Council (TIAC)Thrift Institution Advisory Council (TIAC)A council, established following the passage of the Monetary Control Act of 1980, whose purpose is to provide information and views on the special needs and problems of thrifts. The group is comprised of representatives of savings banks, savings and loan associations, and credit unions. Federal Advisory Council (FAC)Federal Advisory Council (FAC)Advisory group made up of one representative (in most cases a banker) from each of the 12 Federal Reserve districts. Established by the Federal REserve Act, the council meets periodically with the Board of Governors to discuss business and financial conditions and make recommendations. Consumer Advisory Council (CAC)Consumer Advisory Council (CAC)A statutory body established by Congress in 1976. The Council, with 30 members who represent a broad range of consumer and creditor interests, advises the Federal Reserve Board on the exercise of its responsibilities under the Consumer Credit Protection Act and on other matters on which the Board seeks its advice. Council of Mortgage LendersCouncil of Mortgage LendersAn institution that sets out code a code of good practice which mortgage lenders volunteer to stick to - they are not regulated by the government. Further SuggestionsQuality Improvement Council (QIC) |
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