Deposit and Loss relief: Difference between pages

Revision as of 13:19, 10 March 2022

Tax.

Tax benefits to a taxpayer arising from having made losses.

For example, an entitlement to offset tax losses against other taxable profits, to reduce the amount of tax payable.

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-#A sum of money paid by a buyer as part of the sale price of something in order to reserve it.  The deposit may or may not be returned if the sale is not completed.
+''Tax''.
-#A sum of money lent to or placed with a financial organisation, such as a bank, for a set period or an indeterminate period for safekeeping or to earn interest or as a security to cover potential trading losses.
+Tax benefits to a taxpayer arising from having made losses.
+For example, an entitlement to offset tax losses against other taxable profits, to reduce the amount of tax payable.
 == See also ==
-* [[Deposit account]]
+* [[Tax relief]]
-* [[Deposit rating]]
+* [[Terminal loss relief]]
-* [[Depositor]]
-* [[Hot money]]
+[[Category:Accounting,_tax_and_regulation]]
-* [[NMD]]
-* [[Stability]]