what do u mean by V.A.T.? can u tell me the the specific rate at which the vat imposed?
822666
Value added tax (VAT) is a type of sales tax. In some countries, including Australia, Canada, New Zealand, and Singapore, this tax is known as "goods and services tax" or GST; and in Japan it is known as "consumption tax". VAT is an indirect tax, in that the tax is collected from someone other than the person who actually bears the cost of the tax (namely the seller rather than the consumer). As VAT is intended as a tax on consumption, exports (which are, by definition, consumed abroad) are usually not subject to VAT or VAT is refunded.\n\nVAT was invented by a French economist in 1954. Maurice Lauré, joint director of the French tax authority, the Direction générale des impôts, as taxe sur la valeur ajoutée (TVA in French) was first to introduce VAT with effect from 10 April 1954 for large businesses, and extended over time to all business sectors. In France, it is the most important source of state finance, accounting for approximately 45% of state revenues.\n\nPersonal end-consumers of products, consumers and services cannot recover VAT on purchases, but businesses are able to recover VAT on the materials and services that they buy to make further supplies or services directly or indirectly sold to end-users. In this way, the total tax levied at each stage in the economic chain of supply is a constant fraction of the value added by a business to its products, and most of the cost of collecting the tax is borne by business, rather than by the state. VAT was invented because very high sales taxes and tariffs encourage cheating and smuggling. It has been criticized on the grounds that it is a regressive tax.
348474
Not sure but I know you can get a 17.5% discount from VAT (value added tax). Ask the person to discount it and file and not to pay VAT.
143404
Those are tax words...\n\nR-VAT = Reformed Value Added Tax\n\nE-VAT = Expanded Value-Added Tax
585372
Yes! VAT has nothing to do with profit, if you don't register at the correct value of turnover then you are committing an offence, so register and claim it back, you can't make profit from VAT.\nBut if adjusts your figures then reinvest in the organisation and lose the money into a new piece of kit or to benefit the organisation.
1148723
No, sales tax is different from a VAT tax, and is not reimbursable.
1165121
They will automatically take out 20% for income tax, plus a 10% penalty. Also you have to figure in your income tax bracket; ours is 28%
828204
You shall pay the VAT...\n\nGermany - US$ 16.00 - € 12.60 - £ 8.42\nUKingdom - US$ 17.50 - € 13.77 - £ 9.21
1132239
this all depends if you are a resident of australia, but if i have done this right the link will take you to the australian tax office go to the SIMPLE TAX CALCULATOR section or by searching look for something on income tax rates, good luck Be Good!!
123671
Impossible.  It is a percentage of whatever the product is.  For example the tax here is 5.5%.  If I buy something for 19.99, with tax it is 21.09.
992161
At the third window at the UK vat refund complaint department.  Fill out the pink form first.
783380
All companies are have to pay vat whether goods or services unless the do not declare there activities
396128
If you have brought your vehicle with out vat, it sa criminal affence.!!\nyou have to sell it with vat.
840183
Please go through the web link.  You will get full details. \n\nhttp://www.incometaxbangalore.org/taxinfo/trates06_07.htm
713371
All goods which have been notified under VAT Schedule of the State concerned are subject to VAT.\nRefer to VAT Schedule of the concerned State on the link below for details.\nhttp://www.allindiantaxes.com/vat.php\nAs far as toner cartriges are concerned ; it is a debatable issue and a recent ruling of Delhi Sales Tax Tribunal has reportedly gone in favour of traders.
1024125
The first answer given by g4tax and the 2nd answer given by vmp both put together gives full answer to your questinon.
913990
Excluding VAT but before any profit related taxes which should appear as a seperate item further down the P & L account.
652558
The first answer may only refer to income tax(?) If you take into account indirect taxes such as purchase tax/VAT, duties such as on fuel etc. and other charges such as local authority rates the situation may be different. I think a better picture would be obtained by looking at the government's total tax revenue as a percentage of GNP.\nIn the end you pay your money and hope the government makes good use of it.