VAT (Value Added Tax) is a tax applied to the sale of goods and services in the UK. The standard VAT rate is currently 20%, though some goods and services are subject to reduced or zero rates or are exempt from VAT altogether.
VAT (Value Added Tax) is a tax applied to the sale of goods and services in the UK. The standard VAT rate is currently 20%, though some goods and services are subject to reduced or zero rates or are exempt from VAT altogether.