1.0Big Red Cloudhttps://bigredcloud.com/en/Big Red Cloudhttps://bigredcloud.com/en/author/marc_o_dwyer/What is VAT?rich600338<blockquote class="wp-embedded-content" data-secret="phxl7HsiRC"><a href="https://bigredcloud.com/en/what-is-vat/">What is VAT?</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://bigredcloud.com/en/what-is-vat/embed/#?secret=phxl7HsiRC" width="600" height="338" title="“What is VAT?” — Big Red Cloud" data-secret="phxl7HsiRC" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript">
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https://bigredcloud.com/wp-content/uploads/2015/07/vatimage.jpg275183VAT which stands for value added tax, is a tax that is placed on the vast majority of goods and services sold within the U.K. All VAT registered companies are legally obliged to charge their clients and customers VAT and then return collected VAT to customs.