Geometric mean and Taxable person: Difference between pages

Revision as of 15:28, 28 September 2022

UK VAT.

For VAT purposes, a taxable person is someone who is, or is required to be, registered for VAT.

A 'person' for these purposes is widely defined and may include individuals, partnerships, companies or another corporate bodies.

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-Geometric mean returns are calculated by taking account of compounding.
+''UK VAT.''
-(Contrasted with the arithmetic mean, which ignores compounding).
+For VAT purposes, a taxable person is someone who is, or is required to be, registered for VAT.
+A 'person' for these purposes is widely defined and may include individuals, partnerships, companies or another corporate bodies.
-For example, the geometric mean return calculated from sample returns of 4%, 5% and 6% is given by:
-(1.04 x 1.05 x 1.06)<sup>(1/3)</sup> -1 = 4.9968%.
 == See also ==
-* [[Arithmetic mean]]
+* [[Default surcharge]]
+* [[His Majesty's Revenue & Customs]]  (HMRC)
+* [[Tax avoidance]]
+* [[Tax evasion]]
+* [[Tax haven]]
+* [[Tax point]]
+* [[Tax written down value]]
+* [[Taxable transaction]]
+* [[Taxpayer]]
+* [[Taxpayer’s Charter]]
+* [[Value Added Tax]]  (VAT)
+[[Category:Accounting,_tax_and_regulation]]