Exempt: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Link with Exemption clause page.)
imported>Doug Williamson
(Layout & add links.)
Line 1: Line 1:
== UK VAT exemption ==
=== UK VAT exemption ===


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




== Tax exemption ==
=== 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.
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.




== Regulatory and legal exemption ==
=== Regulatory and legal exemption ===




Line 16: Line 16:


== See also ==
== See also ==
* [[Chargeable income]]
* [[Exempt income]]
* [[Exemption clause]]
* [[Exemption clause]]
* [[Income Tax]]
* [[Lower rated]]
* [[Lower rated]]
* [[Partial exemption]]
* [[Partial exemption]]

Revision as of 09:17, 31 August 2016

UK VAT exemption

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


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.


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