The letters VAT stand for Value Added Tax. This is a tax added on to the price of lots of the things that you can buy. Most shops include VAT in their prices. So the price you see on the label is the ...
Save guides, add subjects and pick up where you left off with your BBC account. Value added tax (VAT) is payable to the government by a business. VAT is a purchase tax added onto items that are bought ...
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