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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Testatrix Pro Rata Specified Supplies
Woolf Reforms Outward Processing Relief Equity
Variance Justice of the peace Charity
Uberrimae fidei Cutting edge Paradigm shift
Pension Contributions Ask Fixed Assets
Cyberliabilities Mediation XR
Transfer Deed Franked income PaaS
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Loan Stock Username Hedging
Tax Form - P138S Banana Problem Pre-emption
Acquirer Working Capital Publicist

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

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