Business Terms and Jargon Explained
What is MitigationTax - Legal Definition:-
The reduction of a penalty by HM Customs and Excise or the VAT and Duties Tribunal. Applies only to certain types of civil penalties. For example, misdeclaration penalty and belated notification penalty.
© Crown Copyright. Material taken from HM Revenue & Customs. Reproduced under the terms and conditions of the Click-Use Licence.
<- 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
Term created / updated 2006-11-14 13:45:55
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 © 2004-2021 Scopulus Limited. All rights reserved.