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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Firmware Progress payments Abort fee
OHIM Bereaved minor Manufacturing cell
Trade Debtors Writ of Restitution Warrant of distress
Zillionaire Factor Pecuniary Legacy
Reentry Factum PAYE
Double Deflation Proactive Break up value
Aggregate holding company Ex-Works Mortgage Term
Reimbursement Community Acquis Company Director service agreement
Interium MANGO Suspended sentence
Takeover ISP Charge
Historical Cost Philanthropy Financial Constraints
Indicia Bona vacantia Cybersquatter
Sort code NVR Living Wage

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

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