Income Estimation

Budgeted Revenue
Budgeted Revenue refers to the estimated income that a business anticipates achieving during a specific budget period, as planned and documented in its budget.
Estimated Assessment
An estimated assessment is a tax assessment raised by HM Revenue based on estimated profits or income of a taxpayer, often derived from the previous period's assessment.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.