Business terms and jargon explained. Your business dictionary

What is Residual Input Tax

Tax Definition:-

Input tax incurred by a business on goods and services used or to be used in making both taxable and exempt supplies. This value is apportioned between taxable and exempt supplies by the partial exemption method.

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   

Pro Rata To remand Fixed Cost Letter of request
Sui generis Billing Comitology Term Draft
Adjusted earnings Deep pockets AIM shares QROPS
Adhocracy Income Protection Policy Jury Management buyout
Buy-in Share Premium Consensus Assets
Ask Oxygen-move Trial bundles Nakfa
Forum Overseas company Contingent order Click Fraud
Joint Account C.O.D Usurious Doli incapax
Imaging Surplus De jure ISP
Trillion Cross examination Ipso facto BACS

Term created / updated 2006-11-28 15:21:53

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.