Business Terms and Jargon Explained

What is Charity Exemption

When someone dies, their, estate is valued for inheritance tax purposes. Any transfers to a charity or qualifying organisation will be deducted from the estates value before the calculation of inheritance tax.

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Watering Stock Kuna Uberrimae fidei
Place Of Supply Stock Exchange Decree Nisi
Horizontal merger Tontine Net Assets
Trade discount Crowding Out Loading List
Hysteresis Dumping Adware
Blocked Input Tax Admiralty Court Lobbyist
Securitisation Interest rate risk Gold Cordoba
Qualifying share Grant of probate Critical Success Factors
Quaere Trojan Testatrix
Order Optimisation Astute Mouse potato
Home Bias Drill Down Market share
Economist Shortfall Prima facie
Paradigm shift Ngultrum Authorised Operator

Term created / updated 2013-04-10 14:34:37

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