OpenLegislation

Division 17) Variable 250110: Net turnover from the principal activity at the NACE three-digit level

United Kingdom

Original text. Later amendments are not shown.

The part of net turnover derived from the principal activity of the unit. The principal activity of a unit is determined according to the rules laid down in the Council Regulation (EC) No 696/93.

Net turnover derived from the sale of goods and services which have been subject to a sub-contracting relationship is included.

Net turnover derived from the resale of goods and services purchased for resale in the same condition is excluded.