Q: What is the difference between ‘capital income’ and ‘revenue income’?

I would suggest the following definitions:

Revenue income

I would suggest the following definitions:

Revenue income

This refers to amounts "derived from the provision of goods and services falling within the company’s ordinary activities, after deduction of returns, trade discounts, value added tax, and other taxes based on the amounts so derived" (Companies Act 1985). Although the Act refers to companies...

To continue reading this article you need to be registered with Recruiter . Registration is FREE and only takes minutes. Register here or sign in below if you already have an account.

Already registered? Login

Don't have an account?

Register for FREE today to access all premium online content and select your email preference.

We're here to help

If you have queries about accessing premium content, contact a Recruiter sidekick at [email protected] for more information or call +44 (0) 208 950 9117.

Top