Easy to understand fact sheet explaining the basics of VAT.
VAT (Value Added Tax) is a tax that is charged on most goods and services supplied by VAT registered businesses in the United Kingdom (UK).
VAT is also charged on goods, and some services, that are imported from countries outside the European Union (EU), or brought into the UK from other EU countries.
You can find more information at www.hmrc.gov.uk/vat
Have we missed your scheme? If your scheme is not listed on our website and you would like it to be, please let us know. Get in touch »