- VAT rate
- The rate at which VAT is charged on a supply. HM Customs & Revenue Glossary
Financial and business terms. 2012.
VAT rate
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VAT-free imports from the Channel Islands — Many low valued exports of goods from the Channel Islands to the United Kingdom are exempt from value added tax (VAT) due to the operation of an EU tax relief called Low Value Consignment Relief (LVCR). LVCR is not limited to the Channel Islands… … Wikipedia
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 — abbr. Value Added Tax, Britain s form of sales tax. Prices quoted in British shops almost always include VAT but prices in catalogues, especially those mainly intended for products sold by one company to another company, often do not. The… … Dictionary of abbreviations
rate — The cost of debt service paid by a borrower or issuer to a lender or investor. The rate is expressed as an annual percentage of the amount borrowed. For some notes and bonds that pay interest semiannually, the semiannual interest due to the… … Financial and business terms
VAT — /ˌvi: eɪ ti:ˌ væt/ 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. Full … Marketing dictionary in english
rate — Synonyms and related words: VAT, abuse, account, ad valorem duty, admonish, alcohol tax, alphabetize, amount, amusement tax, analyze, antecede, anyhow, anyway, apportion, appraise, appreciate, arithmetical proportion, arrange, assay, assess,… … Moby Thesaurus
Tax rate — For a type of taxation system in the United Kingdom and elsewhere, see Rates (tax). Taxation An aspect of fiscal policy … Wikipedia
agricultural flat rate scheme — An alternative to VAT registration for farmers and other traders involved in agricultural activities. Those on the scheme do not account for VAT or submit returns and consequently cannot reclaim input tax. However, they can charge a flat rate… … Financial and business terms
standard rate — ➔ rate1 * * * standard rate UK US noun [C] UK ► (also standard rate of interest) BANKING, FINANCE the normal percentage amount that a bank charges customers for borrowing money: charge/pay a standard rate »Our discounted rate ended this year and… … Financial and business terms
standard-rate — UK US noun [C] UK ► (also standard rate of interest) BANKING, FINANCE the normal percentage amount that a bank charges customers for borrowing money: charge/pay a standard rate »Our discounted rate ended this year and we have been paying the bank … Financial and business terms
