GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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14:36 Mar 28, 2009 |
German to English translations [PRO] Bus/Financial - Finance (general) | |||||||
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| Selected response from: Jo Bennett United Kingdom Local time: 16:09 | ||||||
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Summary of answers provided | ||||
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4 +1 | VAT at half the standard rate |
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4 | reduced rate |
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3 | VAT at half-rate |
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Discussion entries: 4 | |
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VAT at half-rate Explanation: You would probably have to include the term "half" in there somehow. Either as shown above or maybe you can come up with something better. Stuart |
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reduced rate Explanation: The classifications as I know them are: Standard rate = 15% Reduced rate = 5% Zero rated = 0% Tax exempt |
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VAT at half the standard rate Explanation: I would use this to indicate precisely what is meant - check by comparing figures with the spreadsheet figures for VAT at the relevant standard rate in whichever member state the document pertains to. -------------------------------------------------- Note added at 1 day6 hrs (2009-03-29 21:16:58 GMT) -------------------------------------------------- The above quote relates to Austria, where there is, I believe, a half rate. But, Stephen, please tell us which country your document relates to. Example sentence(s):
Reference: http://en.wikipedia.org/wiki/RepaNet |
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