Business Terms and Jargon Explained

What is Residual Input Tax

Tax Definition:-

Input tax incurred by a business on goods and services used or to be used in making both taxable and exempt supplies. This value is apportioned between taxable and exempt supplies by the partial exemption method.

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


Search Term   

Restricted Goods Contributions Agency Process
Dominium Switch Quick wins
Residential property Forum VLO
National Insurance (NI) Quantity Demand Tax Form - P45 (car)
Caution Realisable property Regular Investment Plan
Excise Duty SSL - Secure Sockets Layer Maturity
Petty Cash MoneyGram Grant of probate
Billing Writ of venire de novo Productivity
Primary legislation Sol IPO
IDD Gross National Product Tax Exemption
Sale and Leaseback IOU Credit-Worthiness
Administrative Court Lawyer Supply VAT
Stakeholder Dead Wood Joint Account

Term created / updated 2006-11-28 15:21:53

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 © 2004-2019 Scopulus Limited. All rights reserved.