Value added tax


 

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Value added tax

A tax that is levied only on the value added of a firm. A VAT is usually subject to border tax adjustment.

Value added tax

An indirect tax levied on goods and services in the UK. A company or trader registered for VAT pays suppliers VAT additionally to the cost of goods or services purchased which is known as input tax. Also VAT is added to the sales cost of their product when invoicing customers which is known as output tax. The difference between output tax and input tax is payable to the government department, Her Majesty's Customs and Excise.

Value added tax

Method of indirect taxation that levies a tax is at each stage of production on the value added at that specific stage.



Value added tax

Similar Matches

Value quota

Value quota

A quota specifying value -- price times quantity -- of a good.


Straight value

Straight value

Also called investment value, the value of a convertible security without the conversion option.


Investment value

Investment value

Applies mainly to dealer securities. Fixed income value of a convertible, the price at which the convert would have to sell as a straight debt instrument relative to the yield of other bonds of like maturity, or size, and quality; represents a presumed floor to the bond, assuming the continued creditworthiness of the issuer and the general level of interest rates. Bond value. See: conversion value.


Stored-value card

Stored-value card

A plastic card that has been "loaded" with a certain monetary value and which can be used to make purchases until the value is used up, at which time it can be "reloaded" with additional value and reused.


Valued policy

Valued policy

An insurance policy in which the value of the insured item is defined and agreed at the commencement of the policy. In the event of a total loss the agreed amount is paid by the insurer without the need for further proof of value.


Further Suggestions

Base market value
Net present value rule
Reinstatement value
Theoretical value
face amount (face value)
cash surrender value
F Fair Market Value
extrinsic value
Time value of money
Undervalued security
value at risk
Extraordinary positive value
nominal value
Future value
Market Value Approach
surrender value
value
Conversion parity or value
Transaction value
fund value
Net adjusted present value
Standardized value
Value date
Time value
Imputed value


 
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