Business Terms and Jargon Explained

What is Business Activities

Tax Definition:-

In relation to VAT, any continuing activity that is mainly concerned with making supplies to other persons for a consideration. The activity must have a degree of frequency and scale and be continued over a period of time.

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

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Joint Account FIO Tax Shift
Lump Sum Distribution Outsourcing Big Hitter
Public company or public limited company EBITDA Risk
Option to Tax Up Current Buy To Let
Out of Box POS Divisional Court
Voluntary Liquidation Barrier Warrant Smart Card
Gross Estate Uncollected funds Armchair general
Buy-in Over Trading Lead time
Warrant of distress Forced Acquisition Warrant
ISA European Sales Lists Factoring
Market equilibrium CPC Sol
Lat Council conclusions - EU Management buy in
WTO Corporate Culture ETA

Term created / updated 2006-11-26 15:11:32

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