Value-added tax (VAT)

 

 

 

Value-added tax (VAT)

 

Financial glossary

 

The following text is used only for educational use and informative purpose following the fair use principles.

Finance

 

Definition of value-added tax (vat)

 

Value-added tax (VAT): A form of indirect taxation borne by traders and consumers. It is levied on goods and services. If a business has more than a certain level of annual turnover it has to be registered for VAT with the Customs and Excise.

 

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Glossary of financial terms

 

Financial glossary index of law terms

 

 

Definition and meaning of value-added tax (vat)

 

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Meaning of value-added tax (vat)

 

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What does value-added tax (vat) mean ?

 

 

 

 

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