The meaning of the word or thing VAT??

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Marvin_car_parker	A contradiction in terms - Value Added Tax (a.k.a. - make 'em pay again)..... Was this answer helpful to you? Yes / No

Lick_My_Toad	Value Added Tax. Tax is added every time a process is done which makes the final selling price of the item greater. Was this answer helpful to you? Yes / No

mark r	value added tax- or in your term- pay up boy , we just want your hard earned cash "well being political correct they use VAT" Was this answer helpful to you? Yes / No

dodgygeezer66	Value Added Tax In the Uk its 17.5% Was this answer helpful to you? Yes / No

petuliapeculiar	value added tax...what else??? Was this answer helpful to you? Yes / No

Akkakk the befuddled	Value added tax Was this answer helpful to you? Yes / No

LYNSEY M	Value Added Tax - 17.5% It goes to the Inland Revenue Was this answer helpful to you? Yes / No

john s	Value Added Tax - VAT. VAT's are used in lieu of, or in addition to other forms of taxation to create revenue for the country in which they are charged. Most economists consider VAT to be a regressive tax, since the same level of taxation is charged to all consumers, no matter what the income of the consumer. This in comparison to a 'progressive' taxation scheme, like U. S. income tax system, which is based on income, with a sliding, increasing tax rate tied to the consumers income. 'Flat' income tax rates are also regressive, since all taxpayers, no matter what the income level, pay the exact same percentage of tax. 17% tax to a person making $20,000 per year is far more arduous than 17% to a person making $200,000 per year. Was this answer helpful to you? Yes / No

Larry R	Value Added Tax. 17.5% of an items sale value is added onto the final retail price. Certain items such as books, and childeren's clothing are exempt from V.A.T. Was this answer helpful to you? Yes / No

mini the prophet of fubar	it means the government is screwing you Was this answer helpful to you? Yes / No

Graham N	valued added tax Was this answer helpful to you? Yes / No

gem	VAT stands for Value Added Tax. Was this answer helpful to you? Yes / No

RSA	Value Added Tax. Was this answer helpful to you? Yes / No

pa69oldfart	Value added tax Was this answer helpful to you? Yes / No

steve	value added tax and ya its true u look like a dipshit Was this answer helpful to you? Yes / No

Mas	Value Added Tax. In the UK at the moment its 17.5% on most goods, there are a few exceptions. Was this answer helpful to you? Yes / No

Stan	on GM cars it stands for Vehicle Anti-Thieft System. (VATS) Was this answer helpful to you? Yes / No

Harry H	Good question!!!! Was this answer helpful to you? Yes / No

chris b	vat stands fo value added tax Was this answer helpful to you? Yes / No

keira_shetland	Value Added Tax, something the taxman uses to steal all your hard earned money! Was this answer helpful to you? Yes / No

dunstanme	value added tax Was this answer helpful to you? Yes / No

mariamary79	its the initials for Value Added Tax Was this answer helpful to you? Yes / No

Steve-Bob	Value Added Tax. It's the amount of tax payable by the value of the product. (i.e. You could get a tax which is 15p per pint of beer. Or you could get a VAT of 7.5% on beer, which means that for every 10p a pint of beer costs, the government takes .75p) VAT in the UK is 17.5% Was this answer helpful to you? Yes / No

ROBIN HOOD	VALUE ADDED TAX Was this answer helpful to you? Yes / No

squirrellondon	Value Added Tax '_' Was this answer helpful to you? Yes / No

b97st	Value Added Tax. VAT is a tax on the final consumption of certain goods and services. Was this answer helpful to you? Yes / No

Kevin M	Value Added Tax Was this answer helpful to you? Yes / No

Simon E	Value Added Tax Was this answer helpful to you? Yes / No

FLOYD	Value added tax.......thicko Was this answer helpful to you? Yes / No

ChiangMai	Value Added Tax Was this answer helpful to you? Yes / No

dukalink6000	Value-added tax (VAT) is a type of sales tax. In some countries, including UK, Australia, Canada, New Zealand, and Singapore, this tax is known as "goods and services tax" or GST; 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. Was this answer helpful to you? Yes / No