VAT (value added tax)

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• Value added tax — Taxation An aspect of fiscal policy …   Wikipedia

• Value Added Tax-free Exports from the Channel Islands — are exports of goods from the Channel Islands on which value added tax (VAT) is not levied. In recent years, companies in the United Kingdom have expressed concern at the competition thereby offered to their goods on which VAT is… …   Wikipedia

• value-added tax — Tax added onto a product during each step of production, from raw material to finished good. Bloomberg Financial Dictionary * * * value added tax value added tax ➔ tax1 * * * value added tax UK US (also value added tax) noun [C or U ] TAX ► VAT( …   Financial and business terms

• value added tax — UK US noun [uncountable] vat Thesaurus: types of tax and taxationhyponym * * * ˌvalue ˈadded tax [value added tax] noun …   Useful english dictionary

• value-added tax — (VAT) a tax levied on the supply of goods or services in the UK and on the importation of goods into the UK. The imposition of VAT was required as a condition of the UK s entry into the European Community, and the original provisions were… …   Law dictionary

• Value Added Tax Act 1994 — (VATA) EC Directive 2006/112/EC (which recast the Sixth VAT Directive (77/388/EEC) with effect from 1 January 2007) is the principal directive governing value added tax and is implemented in the UK by the VATA. It sets out the framework of the… …   Law dictionary

• value added tax — index ad valorem Burton s Legal Thesaurus. William C. Burton. 2006 value added tax …   Law dictionary

• value–added tax — value–ad·ded tax n: a tax levied at each addition of value in the processing of a raw material, the performance of a service, or the production and distribution of a commodity with each payer except the consumer reimbursed from payment at the… …   Law dictionary

• Value Added Tax — (VAT) tax that is added to the value of a product at the time of manufacture and paid by the customer at the time of purchase …   English contemporary dictionary

• value-added tax — n [U] ↑vat …   Dictionary of contemporary English

• value added tax — value added ,tax noun uncount VAT …   Usage of the words and phrases in modern English