VAT Guide (VAT Notice 700)
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The VAT guide provides comprehensive information on VAT rules and procedures. Check the guide to understand how VAT works.
Introduction to VAT
VAT (Value Added Tax) is a tax that is applied to most goods and services in the UK. The VAT guide provides comprehensive information on VAT rules and procedures.
How VAT works
VAT is charged on the price of a good or service. The VAT rate may vary depending on the type of good or service. Detailed information on VAT rates can be found on the UK government website.
What to do next
Source: gov.uk