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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Insider selling Law Lord Above-board
Barter SHA256 Taxing authority
Export Shop Negotiation Continuous Supply Of Services
Variable costs In delicto Corner a market
Secondary Home State of the art Audit
Wholesaler Bullionism Weak dollar
Witness summons NPISHs Collateral
Case Free Circulation Testacy
In camera Locked box Subtenant
APACS Warehoused Goods Restricted Goods
Break up value Sui juris OHIM
Unlawful DNO Apple polisher
AKA Warranty of Authority Supply Of Services

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

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