Exempt: Difference between revisions
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''UK VAT.'' | 1. ''UK VAT exemption.'' | ||
VAT exempt goods and services are ones which are outside the scope of VAT. | |||
2. ''Tax exemption.'' | |||
More generally in taxation, tax exempt assets or transactions are those outside the scope of all taxes or outside the scope of a particular tax. | |||
3. ''Regulatory and legal exemption.'' | |||
In regulation and law generally, exempt entities, assets or transactions are ones outside the scope of particular regulations or laws. | |||
== See also == | == See also == | ||
* [[Chargeable income]] | |||
* [[Exempt approved status]] | |||
* [[Exempt gain]] | |||
* [[Exempt income]] | |||
* [[Exemption clause]] | |||
* [[Income Tax]] | |||
* [[Lower rated]] | * [[Lower rated]] | ||
* [[Partial exemption]] | * [[Partial exemption]] | ||
| Line 9: | Line 26: | ||
* [[VAT]] | * [[VAT]] | ||
* [[Zero rated]] | * [[Zero rated]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:Compliance_and_audit]] | |||
Latest revision as of 23:47, 15 July 2021
1. UK VAT exemption.
VAT exempt goods and services are ones which are outside the scope of VAT.
2. Tax exemption.
More generally in taxation, tax exempt assets or transactions are those outside the scope of all taxes or outside the scope of a particular tax.
3. Regulatory and legal exemption.
In regulation and law generally, exempt entities, assets or transactions are ones outside the scope of particular regulations or laws.
