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#4352234 - 04/20/17 02:12 AM what's the VAT in the UK ?  
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Sluggish Controls Online content
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#4352236 - 04/20/17 02:37 AM Re: what's the VAT in the UK ? [Re: Sluggish Controls]  
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RossUK Offline
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Standard rate is 20%.....

1,795,000 + 359,000 = 2,154,000


#4352258 - 04/20/17 07:57 AM Re: what's the VAT in the UK ? [Re: Sluggish Controls]  
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Alicatt Online cool
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If you are exporting it then you should not need to pay VAT in the UK, but you will have to pay whatever import duty + tax locally


Chlanna nan con thigibh a so's gheibh sibh feoil
Sons of the hound come here and get flesh
Clan Cameron
#4352280 - 04/20/17 10:55 AM Re: what's the VAT in the UK ? [Re: Sluggish Controls]  
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Wow, 20%. That's crazy from my point of view.



VAT or "sales tax" as we Colonials call it varies from State to State but in Florida where I live it's 6%!


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#4352283 - 04/20/17 11:26 AM Re: what's the VAT in the UK ? [Re: Sluggish Controls]  
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Not all VAT in the UK is 20%.

https://en.wikipedia.org/wiki/Value-added_tax_(United_Kingdom)


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#4352291 - 04/20/17 11:59 AM Re: what's the VAT in the UK ? [Re: PanzerMeyer]  
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Originally Posted by PanzerMeyer
Wow, 20%. That's crazy from my point of view.





Not bad at all, IF it were the ONLY tax. IE no income tax etc.


“Government has three primary functions. It should provide for military defense of the nation. It should enforce contracts between individuals. It should protect citizens from crimes against themselves or their property. When government-- in pursuit of good intentions tries to rearrange the economy, legislate morality, or help special interests, the cost come in inefficiency, lack of motivation, and loss of freedom. Government should be a referee, not an active player.” - Milton Friedman
#4352293 - 04/20/17 12:03 PM Re: what's the VAT in the UK ? [Re: F4UDash4]  
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Originally Posted by F4UDash4



Not bad at all, IF it were the ONLY tax. IE no income tax etc.


True. This is Europe we're talking about though so they have every tax that has ever been created by mankind. biggrin

Let's keep political shots out of this simple question.




Last edited by oldgrognard; 04/20/17 12:12 PM.

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#4352299 - 04/20/17 12:51 PM Re: what's the VAT in the UK ? [Re: PanzerMeyer]  
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Originally Posted by PanzerMeyer
True. This is Europe we're talking about though so they have every tax that has ever been created by mankind. biggrin



FALSE!

In Aussie we have a Tax on Tax ... Beat that!!! (And I can prove it)

winkngrin


One Flash.......and ur Ash!!
#4352303 - 04/20/17 01:27 PM Re: what's the VAT in the UK ? [Re: Urban Furball]  
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Alicatt Online cool
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Originally Posted by Urban Furball

Originally Posted by PanzerMeyer
True. This is Europe we're talking about though so they have every tax that has ever been created by mankind. biggrin



FALSE!

In Aussie we have a Tax on Tax ... Beat that!!! (And I can prove it)

winkngrin


We have that in the UK too, on fuel, and on alcohol are two that spring readily to mind

Edit:
To put some figures on it

The excise duty burden on a 70cl bottle of Scotch is £8.05 and the total tax is £10.20. which works out at about 79% of the cost of a bottle of Whisky


Last edited by Alicatt; 04/20/17 01:40 PM.

Chlanna nan con thigibh a so's gheibh sibh feoil
Sons of the hound come here and get flesh
Clan Cameron
#4352399 - 04/20/17 09:11 PM Re: what's the VAT in the UK ? [Re: Alicatt]  
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Originally Posted by Alicatt
To put some figures on it

The excise duty burden on a 70cl bottle of Scotch is £8.05 and the total tax is £10.20. which works out at about 79% of the cost of a bottle of Whisky


Lower effective tax rate is a good reason to buy more expensive whisky.

#4352453 - 04/21/17 02:36 AM Re: what's the VAT in the UK ? [Re: Sluggish Controls]  
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Sluggish Controls Online content
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No VAT in Hong Kong.
I'll wait until the Hurri pops up on the local market. I did it before for my Spit.

Cheers,
Slug


"Major Burns isn't saying much of anything, Sir. I think he's formulating the answer..." - Radar - M*A*S*H

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