Business terms and jargon explained. Your business dictionary

What is Mitigation

Tax - Legal Definition:-

The reduction of a penalty by HM Customs and Excise or the VAT and Duties Tribunal. Applies only to certain types of civil penalties. For example, misdeclaration penalty and belated notification penalty.

Crown Copyright. Material taken from HM Revenue & Customs. Reproduced under the terms and conditions of the Click-Use Licence.

<- Go Back
Business Terms Home page

Search jargon and terms database to learn more:-

A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z

Search Term   

Warrant of distress LINK Greenwashing Jus naturale
County Court Judgement OTC N210 Civil Court form N244 Civil Court form
Balance of trade (BOT) Beneficial loan Aggregate holding company Balancing Charge
PayPoint Shares Unit of trading N260 Civil Court form
Walking Possession Economically Inactive Factum Organic growth
Org chart Company Law Boil the ocean KMC
Proxy Codicil Perquisite (perk) Tax Evasion
Performers Rights Market share Kopek Vide
Trial contents Kwanza Intermediate goods Exit strategy
Nontrade receivables NAIRU Injunction White-collar worker

Term created / updated 2006-11-14 13:45:55

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.

Copyright © 2004-2019 Scopulus Limited. All rights reserved.