Abstract
Value Added Tax is a tax on the supply of goods and services which is eventually borne by the final customer, but it is collected at each stage of the production and distribution chain. Value Added Tax, which is generally abbreviated to VAT, is charged on the supply both of goods and of services by firms who are registered and taxable for VAT.
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© 1989 Margaret Nicholson
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Nicholson, M. (1989). Value Added Tax. In: Accounting Skills. Palgrave, London. https://doi.org/10.1007/978-1-349-10853-4_17
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DOI: https://doi.org/10.1007/978-1-349-10853-4_17
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-49156-0
Online ISBN: 978-1-349-10853-4
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