Business Terms and Jargon Explained

What is Independent contractor

This is where a person is hired to work for a company but is not a member of staff. The company is a client rather than an employer. This means that the independent contractor will have to pay his or hers own tax and no tax is deducted from source.

This can be managed through a number of structures. A company , partnership or self employed.

<- Go Back
Business Terms Home page

Search Jargon and Terms Database

A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   X   Y   Z

Search Term   

PayPoint Quasi-corporations Credit limit
Administration order Margin Scheme Package Oligopoly
Ex parte Arbitrage Institutional Sector
Bank Reconciliation Institutional Capacity Liquidity
County Court CMS Life Interest
United Kingdom Decode Encryption
Underwithholding Res Vacate
Commission SHA224 Shares
Ad Idem Venture Capital Price floor
Abort fee Give as you earn (GAYE) Political Risk
Value added tax (VAT) Ad Valorem European Patent Office
Late Registration Penalty Obscuration EMEAI
Void Licensed Premises Principal

Term created / updated 2006-04-30 20:44:48

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms and jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.

Copyright © 2004-2020 Scopulus Limited. All rights reserved.