Tax Glossary
Welcome to the TWD Accountants Tax Glossary. To help you interpret the jargon that you can come across in dealing with your tax, our team of experts have written a brief explanation for hundreds of technical terms. Click on a letter to show entries.
K Codes
If a tax code contains the letter "K", it signifies that the deductions in the code are more than the allowances.
If a tax code contains the letter "K", it signifies that the deductions in the code are more than the allowances.
Know-How
Know-how is industrial information or techniques that are likely to assist in
the manufacture or processing of goods and materials,
the working of a source of mineral deposits, or
the carrying out of any agricultural, forestry or fishing operations
Know-how is industrial information or techniques that are likely to assist in
the manufacture or processing of goods and materials,
the working of a source of mineral deposits, or
the carrying out of any agricultural, forestry or fishing operations
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