Business terms and jargon explained. Your business dictionary

What is Age Relief

This is an allowance that is given when you reach a certain age. This allowance usually retirement age gives an additional allowance or increases their personal tax allowance. This means that they can earn more before they have to pay tax. If their earnings are over the tax allowance then they will have to pay tax on the amount over the allowance. This overall reduces their tax liability.

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Conversion Costs Spoofing Accounts receivable Share Premium
Giffen goods Apostille Redemption Deadline
Golden Rule QUANGO Adjudicator Variable Rate Loan
Business Promotion Scheme Default Interest Phishing Long Term Debt
Interpreter EMEAR Discounted Cash Flow Past Service
Housing claim Principal Tangible Assets Production
General Partnership Charge Cards Witness Subpoena
UK Anti-virus software Bonded Warehouse Assets
Consumer Bots Liquid Assets Retained earnings
CAPEX Statement of Account Non constat Churning

Term created / updated 2006-05-20 07:39:21

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