Value-Added Tax or VAT is a highly recognizable form of consumption tax that can be encountered in most of the countries around the world. This indirect tax is present in a form of levy on the purchase of all sorts of taxable supplies, namely goods and services, which can be applied at different rates depending on country and type of supply involved. In UK national taxing authority is HMRC (His Majesty’s Revenue & Customs), which is worth attention as tax related matters including VAT are within jurisdiction of this authority.
- How does VAT work?
- VAT rates
- How to pay VAT?
- VAT number and VAT registration
- Helpful tips
Source: polishtax.com
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