Welcome to Kaplan FAQs

What can we help you with today?

Technical terms

question_answer
Bulk discount

Purchasing large quantities of an asset to receive a favourable discount on the price of the asset.

Fri, 22 Mar, 2019 at 8:13 PM
question_answer
Capital expenditure

Money spent by an organisation on acquiring or maintaining fixed assets, such as equipment, land, buildings etc.

Fri, 22 Mar, 2019 at 8:13 PM
question_answer
Capital allowance

The sums of money a UK business can deduct from the overall corporate or income tax on its profits.

Fri, 22 Mar, 2019 at 8:13 PM
question_answer
Capital income

The income that comes from capital itself, rather than any specific product or direct work.

Fri, 22 Mar, 2019 at 8:13 PM
question_answer
Capital investment

Funds invested in an organisation for the purpose of developing its business objectives.

Fri, 22 Mar, 2019 at 8:13 PM
question_answer
Cash and bank

You can use Cash and bank management to maintain the legal entity's bank accounts and the financial instruments that are associated with those bank acc...

Fri, 22 Mar, 2019 at 8:13 PM
question_answer
Cash book

A financial journal/book where receipts and payments of money are recorded.

Fri, 22 Mar, 2019 at 8:13 PM
question_answer
Chargeable assets

Any asset that can give rise to assessment for capital gains tax on its disposal. Exempt assets include principal private residences, cars, investments held...

Fri, 22 Mar, 2019 at 8:13 PM
question_answer
Chargeable gains

The increase in an asset's value between the time it is purchased and the time it is sold, which becomes subject to capital gains tax.

Fri, 22 Mar, 2019 at 8:13 PM
question_answer
Chargeable lifetime transfers

Lifetime transfers of value (broadly, gifts) that are immediately chargeable to inheritance tax. For example:: gifts to relevant property trusts, gifts to c...

Fri, 22 Mar, 2019 at 8:13 PM