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2/10 net 30 - this means the buyer must pay within 30 days of the invoice date, but will receive a 2% discount if they pay within 10 days of the invoice date. 3/7 EOM - this means the buyer will receive a cash discount of 3% if the bill is paid within 7 days after the end of the month indicated on the invoice date.
"Green" in these tables refers to combined totals for the green parties in the United Kingdom, namely the Green Party of England and Wales, the Scottish Greens, and, for polls of the entire UK, the Green Party Northern Ireland. The three parties share a commitment to environmental policies, but are independent of one another, with each ...
The Conservative Chancellor Lord Barber set a single VAT rate (10%) on most goods and services. In July 1974, Labour Chancellor Denis Healey reduced the standard rate of VAT from 10% to 8% but introduced a new higher rate of 12.5% for petrol and some luxury goods.
The net present value ( NPV) or net present worth ( NPW) [1] is a way of measuring the value of an asset that has cashflow by adding up the present value of all the future cash flows that asset will generate. The present value of a cash flow depends on the interval of time between now and the cash flow because of the Time value of money (which ...
The Median Individual Disposable income as of 2018. Median household disposable income in the UK was £29,400 in the financial year ending (FYE) 2019, up 1.4% (£400) compared with growth over recent years; median income grew by an average of 0.7% per year between FYE 2017 and FYE 2019, compared with 2.8% between FYE 2013 and FYE 2017. [2]
In October 2021, the UK government's Office of Budget Responsibility calculated that Brexit would cost 4% of GDP per annum over the long term. 4% of 2021 UK GDP is the equivalent of a £32 billion cost per annum to the UK taxpayer. After rebates, the UK's EU membership fee in 2018 was £13.2 billion.