De minimis exempt tax: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Expand to incorporate 'Also known as the "de minimis limit"'. Source: http://www.hmrc.gov.uk/manuals/pemanual/PE4050.htm) |
imported>Doug Williamson m (Add link.) |
||
Line 9: | Line 9: | ||
* [[De minimis]] | * [[De minimis]] | ||
* [[Input tax]] | * [[Input tax]] | ||
* [[Value Added Tax]] | |||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] |
Latest revision as of 14:07, 15 July 2021
UK VAT.
£625 per month on average or half the total input tax in the period.
Also known as the 'de minimis limit'.