Archive for December, 2010


Pay taxes on goods and services as per vat act 1994

Although the United Kingdom adopted the practice of vat or value added tax in 1973, the country‚Äôs traders now pay taxes on goods and services as per vat act 1994. The act puts several vat rules and regulations into place for efficient tax collection on taxable sales made in the UK. The 1994 VAT act […]

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