Annual adjustment: Difference between revisions

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''VAT.''  
''UK - VAT.''  
An adjustment made at the year end to correct errors in the allocation of input tax recovered.
 
An annual adjustment is an adjustment made at the year end to correct errors in the allocation of input tax recovered.
 


== See also ==
== See also ==
* [[Input tax]]
* [[Input tax]]
* [[Value Added Tax]]


[[Category:Accounting,_tax_and_regulation]]

Latest revision as of 14:05, 15 July 2021

UK - VAT.

An annual adjustment is an adjustment made at the year end to correct errors in the allocation of input tax recovered.


See also