Business terms and jargon explained. Your business dictionary

What is Tax Shift

Tax Definition:-

Normally, it is the supplier of goods or services who must account to HM Customs and Excise for any VAT due on supplies. In certain situations, however, it is the customer who must account for the VAT instead. Also known as Reverse Charge.

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   

Domicile of origin Org chart Kwanza Stet
Mediation Market Based Pricing DTI system Astute
Compensation funds State of the art BotNet Jus naturale
Parent company Realisable property ICO BitPay
Historical Cost Whistleblower General Partnership Tenant At Will
Free Fringe time Conglomerate Customs Action Text
committal Non constat UN Writ of venire de novo
Insider report Chief Rent Domicile Kroon
Quasi-judicial functions Possession Accountancy Plaintiff
Administrative Court Hryvnia Testate CPEI

Term created / updated 2006-12-12 00:30:03

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.