ChatterBank24 mins ago
How Is Vat An Advantage?
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As a working individual in a society, I want to know where my VAT goes?
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For more on marking an answer as the "Best Answer", please visit our FAQ.// As a working individual in a society, I want to know where my VAT goes?//
in noting to do with
how is VAT an advantage ?
it isnt - it is a tax on consumption and so hits the poor more - coz they are hand to mouth and dont save - see?
we did it ( purchase tax previously) because of the need to tax harmonise in 1972 when we joined the common market ( yeah yeah I am not going to go into that)
Where does your tax go?
you have a right to know and there are govt sites for this
https:/ /www.st atista. com/cha rt/4520 /where- do-uk-t axes-go /
in noting to do with
how is VAT an advantage ?
it isnt - it is a tax on consumption and so hits the poor more - coz they are hand to mouth and dont save - see?
we did it ( purchase tax previously) because of the need to tax harmonise in 1972 when we joined the common market ( yeah yeah I am not going to go into that)
Where does your tax go?
you have a right to know and there are govt sites for this
https:/
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