Business Terms and Jargon Explained

What is Bad Debt Relief

Tax Definition:-

Relief from VAT on bad debts. A claim may be made if supplies to a customer have been made and no payment has been received.

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

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Term created / updated 2006-12-03 22:51:43

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