Blocked input tax and Interest bearing instruments: Difference between pages

Revision as of 14:19, 23 October 2012

Securities that pay interest at a specified rate either at periodic intervals or at maturity.

Instruments that are always issued in interest bearing form include Certificates of Deposit.

Instruments that may be issued either in interest bearing form or as discount instruments include Sterling commercial paper.

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-''VAT.''
+Securities that pay interest at a specified rate either at periodic intervals or at maturity.
-Input tax that can never be recovered, for example Input tax on business entertaining.
+Instruments that are always issued in interest bearing form include Certificates of Deposit.
-Also known as Disallowed VAT.
+Instruments that may be issued either in interest bearing form or as discount instruments include Sterling commercial paper.
 == See also ==
-* [[Input tax]]
+* [[Certificate of deposit]]
+* [[Discount instruments]]
+* [[Instrument]]
+* [[Sterling commercial paper]]
-[[Category:Accounting,_tax_and_regulation]]