Value Added Tax

Tax - indirect tax.

(VAT).

A tax added to the price of many goods and services in many jurisdictions.

Relevant UK accounting standards include Section 29 and Section 23 of FRS 102.

See also

• Default surcharge
• Exempt
• FRS 102
• Indirect tax
• Lower rated
• Output tax
• Sales Tax
• Standard rated
• Tax point
• Time of supply
• TVA
• VAT group
• VAT return
• Zero rated