Business Terms and Jargon Explained

What is Cash Accounting

Tax Definition:-
A method of accounting for VAT on the basis of cash paid and received, rather than on tax invoices issued and received. Use of the method is subject to conditions.

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

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QROPS Penetration Pricing Value added tax (VAT)
Insider selling Stay Kaffirs
Public relations Genesis block Term deposit
Sui juris Lari ActiveX
N213 Civil Court form Business cards Customer information order
Free Trade Ancillary relief QUANGO
Bolivar Domicile of origin SERP
Giffen goods Bridge loan - (bridging loan) Web hosting agreement
Horizontal merger Trade Debtors To arraign
Offshore Investments Indictment Legal tender
In omnibus Keelage Profit Center
Kickback Market Prices Bear hug
Council conclusions - EU Summary Judgment Yuan

Term created / updated 2006-11-08 13:14:51

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