Business Terms and Jargon Explained
What is PES
Tax Definition:-
Personal Export Scheme - A scheme under which a VAT-registered supplier can supply a motor vehicle to certain customers in the United Kingdom free of VAT, on condition that the vehicle is exported to a destination outside the European Union within a fixed time. Subject to some restrictions the vehicle may also be used in the EU prior to its final export.© Crown Copyright. Material taken from HM Revenue & Customs. Reproduced under the terms and conditions of the Click-Use Licence.
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 2006-11-28 15:16:33
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.