Fixed duty: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Mend link.) |
imported>Doug Williamson (Add 'payable'.) |
||
Line 3: | Line 3: | ||
Duty payable at a fixed money amount (for example £5). | Duty payable at a fixed money amount (for example £5). | ||
Contrasted with an ''ad valorem'' basis of calculating the duty. | Contrasted with an ''ad valorem'' basis of calculating the duty payable. | ||
Latest revision as of 19:43, 26 February 2022
Tax.
Duty payable at a fixed money amount (for example £5).
Contrasted with an ad valorem basis of calculating the duty payable.