Business Terms and Jargon Explained

What is Value added tax (VAT)

An indirect tax in the UK on goods and services. A business will need to register for VAT. This tax is administrated by Her Majesty's Customs and Excise.

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Big Four Cipher ASIC
Market share Lat Quaere
Court Bandwidth NAS
JP Rational Decision N213 Civil Court form
Cash Flow Job-ready Tangible Assets
Simple Interest Value added tax (VAT) N265 Civil Court form
Equity Line Vendor Interest rate risk
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subscription privilege N279 Civil Court form Guarani
Bill of indictment Ex works Public Sector

Term created / updated 2005-07-16 23:12:15

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