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What is the acronym for the main regulating organisation for tax in the UK?
Wiki User
∙ 10y ago
HMRC
Wiki User
∙ 10y ago
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What is the main regulating organisation for tax in the UK?
Her Majesty's Revenue and Customs
Which organisation issues tax levies in United States?
Tax levies in the United States are issued by the IRS. IRS stands for Internal Revenue Service, and it is the official tax organisation within the country.
Is FICA tax the same as the social security tax?
Yes, plus Medicare tax. FICA is the acronym for the Federal Insurance Contributions Act.
What does the acronym VAT stand for?
Its a tax that you pay with everything you buy, Value Added Tax, generally it is a percentage based on value of import. I have never heard the term apply for a hotel unless it's another kind of tax. Value Added Tax (VAT) is a consumption tax
What is SUTA?
SUTA is an acronym for "State unemployment Tax Authority" and is used to describe unemployment tax which is a payroll tax. Employer in every state is required to pay tax for their employees
How do you use vat in a sentence?
There was a vat full of butter. VAT can be an acronym for Value Added Tax.
Definition of nstp?
The NSTP is the acronym which refers to the National Society of Tax Professionals. Founded in 1985, it is dedicated to educating and supporting those in the tax profession.
What is vat payable?
Vat payable is the amount of vat collected on behalf of the tax authority and payable to them. In other words vat payable is an output vat levied on organisation's customers through the organisation's sales invoices for onward remittance to the tax authority subsequently.
What is the difference between service tax and sales tax?
Service Tax is levied by service organisation like hotels whereas sales tax is added to the cost of goods and collected when goods are sold. Both are collected by the Govt.
What is the meaning of the acronym FITC?
The acronym FITC is a commonly used term in the medical profession and stands for 'Fluoresceine isothiocyanate. Although it can also be known as 'Flash in the can' or 'Foreign Investor Tax Credit'.
What if the organisation is not deducting the tax how one should go about for Form16?
You dont need a form 16 if your organization is not deducting tax from your income. You just need a salary paid statement to file tax returns
What does the acronym WOTC stand for?
WOTC is an acronym for the the sentence "Work Opportunity Tax Credit". WOTC is a federal tax credit given to employers to be given to groups that are at high unemployment rates. It is used to help these groups gain the skills and experience needed to obtain better job opportunities.
