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Why do you think the government has decided not to charge VAT on certin basic goods?
uyanya wena
Why the government has decided not to charge VAT on certain basic goods?
Because those goods are needed for our health, and some people don't have enough money to pay for the VAT
Why government decided not to charge VAT on certain basic goods?
Because those goods are needed for our health, and some people don't have enough money to pay for the VAT
WHY DO YOU THINK THE GOVERNMENT HAS DECIDED NOT TO CHARGED VAT ON CERTAIN BASIC GOODS?
uyanya wena
What is the purpose of vat?
VAT; value added tax is a business charge on products or provided services which aims to improve the economic state or furtherence of a State. It is like many other systerms put in place by the government and it is also given to the government. VAT is not used by ones business to pay for the labour or other business expenses.
Why do you think the government has decided not to charge vat on certain goods?
uyanya wena
Why do you think the government has decided to charge VAT on basic goods?
uyanya wena
Why do you think the government has decided not to charge VAT on certin basic goods?
uyanya wena
Why has the government decided not to charge vat on basic goods?
Because those goods are needed for our health, and some people don't have enough money to pay for the VAT
Why government decided not to charge VAT on certain basic goods?
Because those goods are needed for our health, and some people don't have enough money to pay for the VAT
Why government has decided not to charge vat on certain basic goods?
Because those goods are needed for our health, and some people don't have enough money to pay for the VAT
Why the government has decided not to charge VAT on certain basic goods?
Because those goods are needed for our health, and some people don't have enough money to pay for the VAT
Is VAT fixed?
The rate of VAT, and on which items and goods it is to be levied on, is decided by the Chancellor of the Exchequer and the Government.
Why do you think the government has decided not to charge vat on basic goods?
Because those goods are needed for our health, and some people don't have enough money to pay for the VAT
Why do you think the government decide not to charge vat on certain basic goods?
uyanya wena
WHY DO YOU THINK THE GOVERNMENT HAS DECIDED NOT TO CHARGED VAT ON CERTAIN BASIC GOODS?
uyanya wena
Why is vat collected?
Value Added Tax (VAT) is government applied tax on taxable supplies at different rates most of which is 15% in UK, while lower rate 5% and zero-rate are used as well. Let's say there is a company A,which manufactures cars and sells it to the distributors.Now the company A will charge VAT to distributor and include on the invoice. Now A has simply collected the VAT on behalf of government and has the liability to pay the VAT collected back to government. While the distributor can claim that paid VAT back from the government if the distributor is VAT registered.so by this point, government has actually received nothing,as it returned to the distributor whatever it received from the company A. Now, when the distributor sells the car to end-user, distributor charges VAT to that end-user and collects the VAT again on behalf of government, and pays the VAT collected to the government.As the end-user cannot be VAT registered, so he cannot claim the VAT paid from the government, so the government has now actually received the VAT inflow.
