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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Charity Lawyer Cash Accounting
Product Market Flexibility Factum Ratio decidendi
Direct Representative Writ of venire de novo CPEI
Decree Nisi Writ of Restitution SAIL address
Comitology Principal Place of Business C.O.D
MENA Underwrite Possession
Double Entry Accounting Res Margin Scheme
Purchasing economies Transfer of Shares EORI
IMHO KMC Compensation order
Process Contingent liabilities Orse
Commute Accruals Basis Contingent Beneficiaries
Gaming Duty Break up value Unicameral
Overrule RAR Accounting reference date

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

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