Business Terms and Jargon Explained

What is Balancing Charge

Is the withdrawal of a proportion of capital allowance when part of a business asset is used for personal purposes.

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Capital Goods Scheme SHA512 Force Majeure
Arbitrage Net Assets JASDAQ
Corporate Culture Sub nomine Turnover
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Allowable expenses Re Joint Account
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Appeal Payer Smurfing

Term created / updated 2005-07-16 23:12:15

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