Charge card and Charge on income: Difference between pages

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imported>Doug Williamson
(Create page - source - Bank Rate.com - https://www.bankrate.com/finance/credit-cards/is-a-charge-card-same-as-credit-card/#:~:text=A%20charge%20card%20is%20a,financial%20resources%20and%20credit%20record.)
 
imported>Doug Williamson
(Added term that seems to have been deleted from Glossary import so that it links with existing Wiki terms)
 
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''Payments and payment systems - cards.''
''Tax.''


A charge card is a type of credit card.
A recurring liability which income tax law allows as a deduction from the taxpayer's total taxable income.
 
It does not charge interest, but the balance must be cleared in full, usually monthly.




== See also ==
== See also ==
* [[Charge ]]
* [[Charge]]
* [[Corporate card]]
* [[Income Tax]]
* [[Credit]]
* [[Tax relief]]
* [[Credit card ]]
* [[Debit card]]
* [[Payments and payment systems]]
* [[Travel and entertainment card]]
* [[Virtual card]]


[[Category:The_business_context]]
[[Category:Taxation]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]
[[Category:Technology]]

Revision as of 10:01, 23 October 2013

Tax.

A recurring liability which income tax law allows as a deduction from the taxpayer's total taxable income.


See also