Business Terms and Jargon Explained

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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Austral Factoring Id est (i.e.)
Touch base Operating profit Re
Cartel N227 Civil Court form Intermediate Consumption
Writ of Restitution Faucet Overgeared
Visa Magnum opus Offshore funds
Prime Minister Ex Stock Business Objects
Day Trading NIDAC HMSO
Affiliate Multicurrency Bonded Goods
CVC Ringgit Lawyer
Quid pro quo Single Market Land Registry Fee
Marketing Strategy Negotiation Tax Form - P11D
LTV Bear Market B2C
Headhunter Annual bonus Mission critical

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

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