Exempt: Difference between revisions

Revision as of 07:08, 31 October 2013

VAT exempt goods and services are ones which are outside the scope of VAT.

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.

In regulation and law generally, exempt entities, assets or transactions are ones outside the scope of particular regulations or laws.

@@ Line 1: / Line 1: @@
-'''1.'''
-''UK VAT.''
+== UK VAT exemption ==
-Exempt goods and services which are outside the scope of VAT.
+VAT exempt goods and services are ones which are outside the scope of VAT.
-'''2.'''
+== Tax exemption ==
-''Tax''.
+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.
-More generally, assets or transactions outside the scope of all taxes or outside the scope of a particular tax.
+== Regulatory and legal exemption ==
-'''3.'''
-''Regulation and law''.
+In regulation and law generally, exempt entities, assets or transactions are ones outside the scope of particular regulations or laws.
-Entities, assets or transactions outside the scope of particular regulations or laws.
@@ Line 27: / Line 23: @@
 * [[Zero rated]]
-[[Category:Regulation_and_Law]]
+[[Category:Compliance_and_audit]]
-[[Category:Taxation]]
+[[Category:Accounting,_tax_and_regulation]]