What is VAT and How VAT Works in the UK?
Value Added Tax (VAT) in the UK is a consumption tax applied to most goods and services, representing around 20% of the final purchase price. As one of the largest revenue sources for HM Revenue & Customs, VAT contributes roughly a third of total government income. Every consumer pays VAT on retail, online, and high-street […]
What is VAT and How VAT Works in the UK? Read More »

