term certificate construction what is
Meaning of construction tax certificate. What is it: Revenue issues to construction companies.

Helpful?

Definition construction tax certificate

CONSTRUCTION TAX CERTIFICATE title: construction tax certificate (FI) (SAP Library - Glossary)
CONSTRUCTION TAX CERTIFICATE category: Financial Accounting (FI)
CONSTRUCTION TAX CERTIFICATE explained:

A certificate, in the United Kingdom, that the Inland Revenue issues to construction companies wishing to act as subcontractors under the terms of the Construction Industry Scheme.

Only large companies are entitled to a construction tax certificate. For example, the company must be listed on the stock exchange and its annual revenue must be at least GBP 1,000,000.

The certificate, which is also known as a CIS5 certificate, is proof that the company has registered as a subcontractor with the Inland Revenue. You do not withhold any tax on payments to holders of these certificates.

More terms such as construction tax certificate in Dictionary C.

Manual Correspondence Type (FS-CML):
Help A defining characteristic used to differentiate between internal and external correspondence, for which you can specify user-defined forms or standing instructions construction tax certificate definition.
Manual Compensation (FS-CM):
Help provided by an insurer to an insured to compensate the insured when a loss or claim occurs. This benefit or service depends on the insurance coverage (like compensation for repair work). Compensation construction tax certificate explain.
Manual Cash Flow Hedge:
Help cashflows in a financial transaction. For a cash flow hedge, it is necessary to be able to assign a financial transaction to a specific risk, related to an entered asset or debt, or a risk related to construction tax certificate what is.
Manual Client (BC-ABA):
Help Area within an AS ABAP with independent application data. Identified by the client identifier that is specified at the logon to an AS ABAP construction tax certificate meaning.
Manual Capitalized Value:
Help The present value of the object, derived by capitalizing the annual net income. Formula: capitalized value = income x 100 : standard interest rate for the country (formula is specific to Germany construction tax certificate abbreviation.
  • Dodano:
  • Autor: