Cash Discount
A cash discount is a price reduction offered to customers for making early payments within a specified period. It encourages faster collections, improves cash flow, and reduces credit risk. While it lowers revenue slightly, the benefit of quicker cash inflow often outweighs the cost of offering the discount.
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Concessional Contributions
Pre-tax superannuation contributions in Australia, including employer contributions, taxed at a concessional rate.
CGT (Capital Gains Tax) Discount
An Australian tax concession allowing individuals to reduce a capital gain by 50% if the asset was held for over…
CIS (Construction Industry Scheme)
A UK HMRC scheme requiring contractors to deduct tax from payments to subcontractors in the construction sector.
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