- VAT paid
- Finwith the VAT already paid
The ultimate business dictionary. 2015.
VAT paid
Look at other dictionaries:
VAT — (value added tax) væt n. tax that is added on to the value of a product when it is manufactured and is paid by the customer at the time of purchase … English contemporary dictionary
VAT — See: value added tax Value Added Tax a tax that registered businesses charge when they supply their goods and services in the UK. VAT is also charged on goods, and some services, that are imported from places outside the European Union ( EU) and… … Financial and business terms
VAT — /ˌvi: eɪ ti:ˌ væt/ noun a tax on goods and services, added as a percentage to the invoiced sales price ● The invoice includes VAT at 17.5%. ● The government is proposing to increase VAT to 22%. ● Some items (such as books) are zero rated for VAT … Dictionary of banking and finance
VAT invoice — An invoice with a compulsory set of information given, by one VAT registered person to another, when supplying standard rated goods or services. VAT registered customers need a VAT invoice to reclaim, as input tax, the VAT charged to them. HM… … Financial and business terms
VAT inspector — / væt ɪnˌspektə/ noun a government official who examines VAT returns and checks that VAT is being paid … Marketing dictionary in english
VAT inspector — / væt ɪnˌspektə/ noun a government official who examines VAT returns and checks that VAT is being paid … Dictionary of banking and finance
import VAT certificate — Official evidence of VAT paid on imported goods before recovering the VAT as input tax. The normal evidence is the monthly certificate, known as Form C79. HM Customs & Revenue Glossary … Financial and business terms
irrecoverable input VAT — VAT input tax paid on items acquired in order to produce exempt supplies … Accounting dictionary
value-added tax (VAT) — Government levy on the amount a firm adds to the price of a goods or services as value is added that is, at each step of their production and distribution. In the most common method of calculation, the seller subtracts the sum of taxes paid on… … Universalium
pri|vat|do|cent — «pree VAHT doh TSEHNT», noun, plural do|cen|ten « doh TSEHN tuhn». (in German universities) a teacher or lecturer recognized by the university, but paid by students fees. ╂[< German Privatdocent < privat private (because he was not on the… … Useful english dictionary
exit charge — VAT paid by the representative member of a VAT group when a company leaves the group. Due only in certain circumstances where payments have been made between group members and one of the parties leaves the group before the goods or services have… … Financial and business terms
