Cost centre and Levy: Difference between pages
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imported>Doug Williamson (Link with Profit centre page.) |
imported>Doug Williamson (Expand 2nd definition.) |
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A | 1. ''Verb.'' | ||
To charge or impose a fee or a tax. | |||
2. ''Tax.'' | |||
A particular tax or similar charge. | |||
Levies are usually imposed on specific groups, or for specific purposes - sometimes for a limited period - rather than being part of general taxation on all taxpayers. | |||
For example, the UK's Climate Change Levy, and the levy payable to fund the Financial Services Compensation Scheme. | |||
==See also== | ==See also== | ||
* [[ | *[[Climate Change Levy]] | ||
* [[ | *[[Duty]] | ||
*[[Financial Services Compensation Scheme]] | |||
*[[Health and Social Care Levy]] | |||
*[[Surcharge]] | |||
*[[Tax]] | |||
*[[Taxpayer]] | |||
* [[UK Bank Levy]] | |||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:The_business_context]] | [[Category:The_business_context]] | ||
[[Category:Cash_management]] | |||
[[Category:Financial_products_and_markets]] | |||
[[Category:Liquidity_management]] | |||
[[Category:Trade_finance]] |
Revision as of 09:12, 13 March 2022
1. Verb.
To charge or impose a fee or a tax.
2. Tax.
A particular tax or similar charge.
Levies are usually imposed on specific groups, or for specific purposes - sometimes for a limited period - rather than being part of general taxation on all taxpayers.
For example, the UK's Climate Change Levy, and the levy payable to fund the Financial Services Compensation Scheme.