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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Landslide BOGOFF Wealth management
Primogeniture Blowfish Manufacturing cell
BIMBO Base Rate Base58
Fiat money N285 Civil Court form Idem
Demand Tax Form - P9 Tala
Administration order Bullet Loan Affiliate agreement
Unconscionable TANGO Asset Turnover
Product Market Flexibility Negligible Value Barrel
Medium of exchange Domain name Competitive Advantage
Customs Action Text Compensation Trojan
N218 Civil Court form Unearned income Offshore
QROPS Depreciation Gazumping
WYSIWYG High Credit Incentive

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

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