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Finance Glossary
Terms Beginning With P
Purchase Tax

Purchase Tax

Definition of 'Purchase Tax'

A tax in the UK on consumer goods, which was replaced by VAT in 1973.

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Related Terms

Tax Claim Accelerated Depreciation Advance Corporation Tax Double Tax Agreements Tax Avoidance Tax Shield Ad Valorem Tax Capital Gains Tax Fiscal Drag Imputation Systems Incidence of Tax Modigliani & Millers (MM) Capital Structure Theories Tax Breaks Unrelated Business Taxable Income Earn-Out Hire-Purchase HP ACT Average Tax Rate CGT

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Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site, we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk. The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates. London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.

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