Business terms and jargon explained. Your business dictionary

What is Option to Tax

Tax Definition:-

The charge of VAT on a supply that would normally be exempt. It applies to certain supplies of land and buildings. If a decision to charge VAT is made, the value of the supplies when calculating the taxable turnover must be included. Option to Tax. is also referred to as the Election to Waive Exemption.

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   

Account payee Arrangement Fee Reporting Period Cipher
Council conclusions - EU Free Zone Manager Lifehack TOMS
BotNet committal CPEI Call Option
Liability Conglomerate Deflation Confirmation of Verbal Agreement
Fixed Cost Compensation order Company Director service agreement Act of God
Business Angel KPI Deferment Account Ex rights
Pupillage Pecuniary Legacy REDS C.O.D
Offline AVTUR N336 Civil Court form Quetzal
Som Media kit SEED MoJ
Quid pro quo Credit Sale Uberrimae fidei Over Trading

Scopulus.co.uk - UK Legal Documents


Patent Licence
This document will grant a licence to a third party to use your patented idea for Royalties
Price: 17.99
Terms and Conditions
Documents covering terms and conditions of both sale and purchase of goods and services
Price: 26.99
Confidentiality Agreement
Use this document to agree how/When sensitive information can be disclosed and to whom
Price: 14.99
Software Licence
Gives a licence to a user for the use of the software and restricts liability of the vendor.
Price: 34.99

Term created / updated 2006-11-14 13:55:30

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 © 2004-2018 Scopulus Limited. All rights reserved.