Business Terms and Jargon Explained

What is Exempt Supply

Tax Definition:-

A supply for which no tax is payable and in respect of which Input tax cannot be claimed.

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

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Deductible VAT Fiat money Scope Creep
N9B Civil Court form Bonds Jus naturale
Joint Application Managerial Resources Sui generis
Gazumping IPO Inland Revenue
Tainted acquittal Charge Certificate Tariff Quotas
ATM Lead time Pro tempore
Ipsissima verba Credit Institution Voluntary Liquidation
AKA Confiscation order Share Capital
Supply Chain Decree Absolute Market risk
2FA DTI system Ex post facto
Offshore Investments Double Deflation Past Service
Time Sheet N161 Civil Court form Diplomat
Out of Box Uno flatu Annul

Term created / updated 2006-11-30 12:28:32

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