Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
exempt supply — A supply for which no tax is payable and in respect of which Input tax cannot be claimed. HM Customs & Revenue Glossary … Financial and business terms
partially exempt — In the context of value added tax (VAT), a taxable person who makes taxable supplies (taxable supply) and exempt supplies (See exempt supply) will be able to recover input tax only to the extent that the input tax is attributable to his taxable… … Law dictionary
taxable supply — For value added tax purposes, every supply of goods and services made in the UK other than an exempt supply. Related links value added tax Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com … Law dictionary
taxable supply — A supply of goods or services made in the UK, other than an exempt supply. The term is used in value added tax legislation … Accounting dictionary
taxable supply — In value added tax legislation, any supply of goods or services made in the UK other than an exempt supply As well as straightforward sales, taxable supplies include rentals, hirings, the granting of rights, and the distribution of promotional… … Big dictionary of business and management
Uninterruptible power supply — A small free standing UPS … Wikipedia
taxable supply — A supply of goods or services that is not exempt from VAT; ie one which is liable to VAT at the standard, reduced or zero rate. HM Customs & Revenue Glossary … Financial and business terms
self supply — The value added tax charge on a commercial building, which is used for an exempt purpose, on the grant of an interest in the building. Output tax is charged on the land and the building costs. Input tax is allowed on the building costs. The self… … Accounting dictionary
self supply — The value added tax charge on a commercial building, which is used for an exempt purpose, on the grant of an interest in the building. Output tax is charged on the land and the building costs. Input tax is allowed on the building costs. The self… … Big dictionary of business and management
fully taxable person — For value added tax (VAT) purposes, a person is a fully taxable person in relation to a building or work throughout a prescribed accounting period if it is entitled to recover all amounts which he incurs in respect of VAT in that prescribed… … Law dictionary
