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What does it mean by vat refund?

In many countries a VAT (value added tax) is applied to all bills, much like sales tax here in the US. For foreigners visiting those places most all VAT is refundable, if applied for.


How do you use vat in a sentence?

There was a vat full of butter. VAT can be an acronym for Value Added Tax.


What is the formula you need to calculate vat?

Just use a VAT calculator


How many types of vat?

The types of VAT........ 1 ) INPUT VAT @ 4 % 2 ) INPUT VAT @ 1 % 3 ) INPUT VAT @ 12.5 % 4 ) OUTPUT VAT @ 1 % 5 ) OUTPUT VAT @ 4 % 6 ) OUTPUT VAT @ 12.5 %


What was the lowest rate of VAT?

It depends on the legislation of the country. Some countries call VAT other things, sales tax for instance.


Why you use vat 47?

we are using vat 47 fordeclare our goods for sales


Do foreigners pay sales taxes?

Yes, They sometimes get confused because in many other countries they have something called VAT, which is not charged on exports.


What is a vat?

A vat is a large tank or receptacle that is used in various industries. A vat can be as big as a house or as small as a kitchen sink. A vat is used to mix ingredients of many things.


Is vat charged on bread?

It Depends where you live and what is the your regional/state policy, in some countries raw food goods are not VAT taxeble, however in most cases they are


Does New York have a VAT refund for foreigners?

New York does NOT have a VAT, (in fact I'm not aware of any US State that does). No VAT charged, means no VAT refund.Many do use something called a sales tax (which at first may seem sort of similar to a VAT, but is really different)...and varies in many ways, jurisdiction by jurisdiction. If charged and collected, it would not be refundable in any case.


What is the purpose of VAT specialist accountants in the UK?

The purpose of VAT specialist accountants in the UK is to assist with the VAT registration process and provide guidance on how to use the VAT system. They will be able to answer questions about what is VAT, what it is used for, and how to use it in the UK. They will also be able to offer advice on the difference between VAT and other taxes, and how to pay and reclaim VAT. If you are looking for VAT specialist accountant in UK then feel free to contact us. Visit our website Proactive Consultancy Group - TPCGUK or You can also call us at: +44 207 193 7072


How do you calculate VAT?

See the related link for a guide on VAT and how to calculate it. You can also use a VAT calculator such as the one in the related links.*To calculate the price before VATUse the reciprocal of the VAT percent, found as 100/(100 + VAT)e.g. for 15%, multiply by 0.87 (100/115) and that will bring you back to the approximate pre-VAT value.