The meaning of the word or thing VAT??

Honestly, what does VAT stand for?
Thnx
Wizdom
x

http://www.myspace.com/crazywisdomjones.

Answers:
Value-added tax (VAT) is a type of sales tax. In some countries, including UK, Australia, Canada, New Zealand, and Singapore, this tax is known as "goods and services tax" or GST; in Japan it is known as "consumption tax". VAT is an indirect tax, in that the tax is collected from someone other than the person who actually bears the cost of the tax (namely the seller rather than the consumer).

As VAT is intended as a tax on consumption, exports (which are, by definition, consumed abroad) are usually not subject to VAT or VAT is refunded.
Value Added Tax. It is a tax assessment based on an estimated value of your vehicle or certain personal asset.
Value Added Tax
Value Added Tax. VAT is a tax on the final consumption of certain goods and services.
Value added tax
VAT stands for Value Added Tax.
its the initials for Value Added Tax
A contradiction in terms - Value Added Tax (a.k.a. - make 'em pay again).
value added tax- or in your term- pay up boy , we just want your hard earned cash "well being political correct they use VAT"
Value added tax.thicko
Value Added Tax
VALUE ADDED TAX
It stands for 'Vincent And Tony'.honest guv !
Value Added Tax. In the UK at the moment its 17.5% on most goods, there are a few exceptions.
Value added tax
Value Added Tax. To be more precisely- If a dealer purchase an article for Rs. 100 and pay Rs. 10 as tax.This article is not tax free for the purchaser.If he selles it for 125 than he is supposed to pay tax on rs. 15 (125-110).
Value Added Tax. Tax is added every time a process is done which makes the final selling price of the item greater.
Value Added Tax - 17.5% It goes to the Inland Revenue
Value Added Tax - VAT. VAT's are used in lieu of, or in addition to other forms of taxation to create revenue for the country in which they are charged. Most economists consider VAT to be a regressive tax, since the same level of taxation is charged to all consumers, no matter what the income of the consumer. This in comparison to a 'progressive' taxation scheme, like U. S. income tax system, which is based on income, with a sliding, increasing tax rate tied to the consumers income. 'Flat' income tax rates are also regressive, since all taxpayers, no matter what the income level, pay the exact same percentage of tax. 17% tax to a person making $20,000 per year is far more arduous than 17% to a person making $200,000 per year.
Value Added Tax

In the Uk its 17.5%
Value Added Tax. It's the amount of tax payable by the value of the product.

(i.e. You could get a tax which is 15p per pint of beer. Or you could get a VAT of 7.5% on beer, which means that for every 10p a pint of beer costs, the government takes .75p)

VAT in the UK is 17.5%
Value Added Tax
Value Added Tax, something the taxman uses to steal all your hard earned money!
value added tax
Value Added Tax. 17.5% of an items sale value is added onto the final retail price. Certain items such as books, and childeren's clothing are exempt from V.A.T.
Value Added Tax '_'
Good question!!
Value Added Tax.
value added tax and ya its true u look like a dipshit
vat stands fo value added tax
value added tax.what else?

The answers post by the user, for information only, UKQnA.com does not guarantee the right.

  • i am looking for the business company ford in highbury islington no joy in finding it could u please help me.?
  • can you buy duty free now after check in. If so you purchase liquids there?
  • Are japenese imports cheaper?UK ONLY?
  • when driving what is the maximum legal level for alcohol in your blood?
  • is there a good way to get away with paying a speeding ticket?
  • What happens if you are stopped by the police for a random car check, & something does not check out?
  • Can anyone help me about which sat nav to buy as I am a courier and need a decent system? Tom Tom ?
  • any folk like to have an email friend to swap emails and general chit chat?
  • How much is a Ford Fiesta E Reg (1987) worth?