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Level 3 Tax Process for Business

This class was created by Brainscape user Isma Mahmood. Visit their profile to learn more about the creator.

By: Isma Mahmood
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Decks in this class (8)

Lesson One
What is vat,
What is tax,
What is taxation
30  cards
Lesson Two
What is the historic test aka pas...,
What is the future test aka futur...,
For the historic test when do you...
10  cards
Lesson Three
How long back must records be kept,
What type of company does hmrc in...,
How long will the inspection take
11  cards
Lesson Four
When is the basic tax point,
When will tax point be early date,
When will actual tax point be lat...
6  cards
Lesson Five
What are the positive figures on ...,
What are the negative figures on ...,
What are the positive figures on ...
14  cards
Lesson Six
Can you reclaim vat on items that...,
When a business sells both exempt...,
How does the dimimus limit work
16  cards
Lesson Seven
If you sell on a vehicle that had...,
Can you claim vat on fuel,
What are the three schemes for bu...
9  cards
Lesson Eight
Is income tax direct or indirect tax,
What are examples of deductions f...,
What is included on an fps and an...
6  cards

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Level 3 Tax Process for Business

  • Class purpose General learning

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