Business Terms and Jargon Explained

What is Global Accounting

Tax Definition:-

An optional way of accounting for VAT on low value, bulk volume, margin scheme goods. Intended for businesses that would have difficulty maintaining the detailed records needed to operate the margin scheme. Conditions apply.

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

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Acquiree Comitology Power of Attorney
BIS Identity Theft Annual bonus
Administrative Court MIME CAPEX
EMS Competitor Joint Account
Decree Nisi ISA Banned And Restricted Goods
Hexadecimal Cache Relative Cost
Lilangeni Intellectual property Peso
AMOGA Independent Review Service Arbitrator or Arbitration
Home Bias Contra Forfeiture
24/7/365 MBPS Utter
Balloon Payment EPC Self-Billing
Dong Negligible Value Guarantor
Purchasing economies Quantum of damages Yen

Term created / updated 2006-11-30 12:32:04

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