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Lxa | 13:23 Wed 08th Feb 2006 | Business & Finance
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simply what is VAT
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Avatar Image AliFlump

It stands for Value Added Tax,


this link should help http://www.direct.gov.uk/MoneyTaxAndBenefits/Taxes/BeginnersGuideToTax/BeginnersGuideToTaxArticles/fs/en?CONTENT_ID=4015895&chk=8gHIJf


13:42 Wed 08th Feb 2006
Avatar Image xrayspecs
Basically 17.5% of the cost of most of the things you buy belong to customs and excise.
17:19 Wed 08th Feb 2006

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