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output VAT

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  • output tax — The VAT that is due on taxable supplies. HM Customs & Revenue Glossary * * * output tax output tax ➔ tax1 * * * output tax UK US noun [C or U] UK ► TAX a tax that is added to the price of goods or services, for example VAT: »You deduct your input …   Financial and business terms

  • VAT account — A summary of the totals of output tax, input tax and net tax due for each VAT period. HM Customs & Revenue Glossary …   Financial and business terms

  • output tax — The VAT that a trader adds to the price of the goods or services he supplies. He or she must account for this output tax to HM Revenue and Customs, having first deducted the input tax …   Big dictionary of business and management

  • output tax — Value added tax charged on total taxable supplies by a trader registered for VAT. The standard rate is 17.5% …   Accounting dictionary

  • output tax — / aυtpυt tæks/ noun VAT charged by a company on goods or services sold, and which the company pays to the government …   Marketing dictionary in english

  • output tax — / aυtpυt tæks/ noun VAT charged by a company on goods or services sold, and which the company pays to the government …   Dictionary of banking and finance

  • Brain in a vat — In philosophy, the brain in a vat is any of a variety of thought experiments intended to draw out certain features of our ideas of knowledge, reality, truth, mind, and meaning. It is drawn from the idea, common to many science fiction stories,… …   Wikipedia

  • Value added tax — Taxation An aspect of fiscal policy …   Wikipedia

  • European Union Value Added Tax — The European Union Value Added Tax ( EU VAT ) is the system of value added tax ( VAT ) adopted by member states in the European Union Value Added Tax Area. The European Union itself does not collect the tax, but member states of the European… …   Wikipedia

  • Ad valorem tax — An ad valorem tax (Latin: according to value ) is a tax based on the value of real estate or personal property.An ad valorem tax is typically imposed at the time of a transaction (a sales tax or value added tax (VAT)), but it may be imposed on an …   Wikipedia

  • value added tax — VAT A charge on taxable supplies of goods and services made in the UK by a taxable person in the course or furtherance of a business. Where appropriate, each trader adds VAT to sales and must account to the Board of Customs and Excise for the… …   Accounting dictionary

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