0
Bank Name A/C UPTT
Bank name means "in which bank you are depositing tax
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
What does VAT mean?
VAT means Value Added Tax and is a sales tax charged in the EU and is normally included in the end-consumer retail price. Companies registered for VAT don't pay it on items and services purchased, but charge it on sold products and services and hand it up to the authorities. The VAT system has been critisised for it's openness for fraud.
How do you get new refund check if old one expired?
Ring up the Inland Revenue/ Taxation Office (Depending what country you live in) and ask for them to re-issue you a cheque as it will still be sitting in your income tax account as unclaimed due to stale cheque (you may have also accrued some credit interest...)
What is vat 2 types of vat?
VAT tax is placed on the consumption of any product paid by the consumer which is the cost of the product lesser than any of the costs of the material that has been used in the product. The taxation is been categorized into three different types: 1. Income type (Includes Net and Consumption investment) 2. Consumption type (widely used taxation) 3. GNP (Gross National Product) type (tax imposed on both Income and consumption type) VAT filings meet up the two major points: Paying late penalties and getting into HMRC bad books with which every concern do want to stay off from these major deadlines. However, VAT filing concerns could do the best in recording all your financial aspects, and get your business secured from the penalties. For more on VAT filings, you can also check out TallyAccountants.co.uk
How do you write issue check book letter?
To, The Manager __________ (Fill in the name of the bank and branch in the blanks) From, _____ (Fill in your Name) ______(Fill in your Address & Phone number) Sir, Sub: Reg. Issue of Cheque Book for Bank Account ______ (Fill in the Account number) As I would like to use the cheque facility for my bank account _____ (fill in your bank account number) I hereby kindly request you to issue a cheque book. I will ensure that I have sufficient funds in my account to honor the Cheques issued out of my account. Thank you ________ (Fill your name and sign) Alternately, the bank may have a form that you can fill to request a cheque book. In that case, you need not give a letter like this. You can just fill up the form and you will get the cheque book.
Give the detsils for Vat form 231 233 406 407 408 409 we are sub contractor and vat paid by principal contractor how we show our turnover and set off my vat?
How To Fill Up Form 407 And 408
What does VAT mean?
VAT means Value Added Tax and is a sales tax charged in the EU and is normally included in the end-consumer retail price. Companies registered for VAT don't pay it on items and services purchased, but charge it on sold products and services and hand it up to the authorities. The VAT system has been critisised for it's openness for fraud.
What is the rate of vat for urd purchases?
The rate of Value Added Tax (VAT) for purchases would depend on the country and its regulations. Please check with the local tax authority or refer to the official government website for the most up-to-date information on VAT rates for purchases.
Is rent vatable?
In the UK it will depend on whether the property has been opted to tax. It is up to the owner of a property whether they opt to tax or not. Once the option has been made then VAT will be charged on the rent and the owner can reclaim the input tax on any expenses. The option will stay in place for 20 years. You cannot opt in and out of charging VAT.
Is vat a word?
Vat is a word. Vat means containor or box. If you need more information you can look it up on google.
Last date of vat audit in up?
last date of vat audit in up for the f. y. 2010-11
Is a cheque negotiable instrument?
No. A cheque is a non-negotiable monetary instrument. The value of the cheque cannot be modified or negotiated and hence the term non-negotiable. The amount filled up by the cheque issuer is the value of the cheque and it would not change.
How do you get new refund check if old one expired?
Ring up the Inland Revenue/ Taxation Office (Depending what country you live in) and ask for them to re-issue you a cheque as it will still be sitting in your income tax account as unclaimed due to stale cheque (you may have also accrued some credit interest...)
What is vat 2 types of vat?
VAT tax is placed on the consumption of any product paid by the consumer which is the cost of the product lesser than any of the costs of the material that has been used in the product. The taxation is been categorized into three different types: 1. Income type (Includes Net and Consumption investment) 2. Consumption type (widely used taxation) 3. GNP (Gross National Product) type (tax imposed on both Income and consumption type) VAT filings meet up the two major points: Paying late penalties and getting into HMRC bad books with which every concern do want to stay off from these major deadlines. However, VAT filing concerns could do the best in recording all your financial aspects, and get your business secured from the penalties. For more on VAT filings, you can also check out TallyAccountants.co.uk
What is the scope of the value added tax?
Value Added Tax - a VAT - is a common system of taxation many places. At first it seems similar to, but in reality is very different, to a sales tax. Canada uses one in it's system. There are certainly differences, especially in how it is collected, in the systems using it but the basic idea is: Tax the change in value a business endeavor gets from sale of it's product. Unlike the US income tax, tax the real gross mark up rather than the business income net of expenses. Essentially, a business buys something for $1, (it could be a combination of purchases to make a product), it then sells that product for $1.20. It added .20 of value to the product. it owes, or collects and pays over, a tax on that amount. The final product actually has tax paid on the entire $1.20, but the parties collecting each portion of that are really responsible for the tax on their piece. Frequently, the tax on the full amount is collected at each sales point, and a credit is taken for the tax paid on the purchase by the one collecting and paying over the amount on the next sale. (Which is why it may appear like a sales tax we are familiar with). In the example above, presuming a 10% VAT, the business would buy the $1.00 item and pay it's supplier $1.10 with VAT. It would sell the item for $1.20 but collect $1.32 with VAT. It would have to pay over that $.12 (like a sales tax collecion here), but instead claims a credit for the $.10 it paid on it's purchase, and only pay over the $.02 difference, which equals 10% of it's $.20 mark up.
What is meant by post dated cheque?
Every cheque has a date that has to be entered in it that signifies the date from which the cheque is a valid instrument. So, if I were to issue a cheque today that you can encash anytime from now, I will put todays date as the cheque date. However, if I want you to cash it only after Dec, I will put 1st Jan 2014 as the cheque date. This means that, up until 31st Dec 2013, the cheque is worthless and you can cash it to get money only on or after 1st Jan. This is a postdated cheque because the cheque date lies in the future.
When does vat go up to 20 percent?
4th January
Why is petrol pink?
Uh it isn't? , the only explanation I can seem to think of for even proposing that query is that you have Witnessed Red diesel (Which,is Obviously Red and not pink) which is a Duty/VAT and largely tax free fuel used for Agro-cultural Purposes . and I really, really hope you ain't been filling your Vehicle up with that! .... because , Red diesel> No Tax > No tax> tax evasion > is a criminal offense.
