It was introduced at 10%
VAT was introduced in 1973 the P.M. was Edward Heath
In the UK VAT is charged on paint.
The government, it is a tax
VAT - is the equivalent of the sales tax in america - In the UK it is currently set at 20 percent.
VAT in the UK will return to 17.5% from 1 January 2010. (Prior to that it is 15%)
yes vat is charged on almost everything so obviously it is charged on cars in the UK
The current rate of VAT in the UK is 17.5% but will be increasing to 20% on January 4th 2011.
value added tax
It was introduced in 1973 by the Conservatives - as a result of the UK joining the EEC (European Economic Community) - now called the European Union (EU)
The VAT rate in the UK (which includes England) is 20%.
The custom duty and the VAT usually increase the value of the rough diamond in the UK.
The standard rate of VAT in the UK is 20%, as of March 2013.
From 1St Jan 2007
VAT is Value Added Tax (Sales Tax in the USA). The term is used in the UK more than anywhere and is a sales tax on items and services. The current VAT in the UK is 20% across most items/services. There are anomalies where certain foods are VAT free.
the same time the eggs were introduced to the uk
As from yesterday (Monday), the standard rate of VAT in the UK is 15% for 13 months (until the end of 2009). The 'normal' standard rate of VAT in the UK is 17.5%, but it has been reduced by 2.5% in an attempt to boost the economy. There are two additional VAT rates: 'Reduced' rate VAT 5% is for items such as gas and electricity Zero rate VAT is for 'essential' items - most food, baby clothing etc. so it was but as of 1st January 2011 the vat rose to 20% from last years 17.5%
to prevent the large amount of vehicles thefts that were occurring at the time.
It carries a suggested retail price of £399 inc VAT (£332.50 ex VAT) for the 16GB model, £479 inc VAT (£399.17 ex VAT) for the 32GB model, and £559 inc VAT (£465.83 ex VAT) for the 64GB model.
Net means after deductions, VAT is a form of tax, 17.5% in the UK. Net VAT should therefore mean before the VAT is added, as NET is the smaller amount, Gross is the larger.
16% of the goverments recomendation
Sir Walter Raleigh is said to have introduced tobacco to the UK.