Tax Services Articles on ArticleOnRamp.comInternet article directory, submission, and distribution.A Brief Note On Vat Laws Of United Kingdom- March 20, 2007 Liability to value added tax (VAT) VAT is charged on the value of supplies of taxable goods and services made in the UK, including some exports to EU countries. It is also chargeable on imports of goods from outside the EU. The main rates are zero and 17.5%, but a few supplies are charged at 5%. Registration The supply of any goods and services, which are subject to VAT at any rate are called taxable supplies whether you are VAT registered or not. All traders must register for VAT if th... .http://www.articleonramp.com/Article.cfm?ID=3525 |