VALUE ADDED TAX WIKIPEDIA

By | May 28, 2018

Value-added tax – Wikipedia

A value-added tax (VAT), known in some countries as a goods and services tax (GST), is a type of tax that is assessed incrementally, based on the increase in value of
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Value-added tax in the United Kingdom – Wikipedia

In the United Kingdom, the value-added tax (or value added tax, VAT) was introduced in 1973 and is the third-largest source of government revenue, after income tax
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