Value added tax: Difference between revisions

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VAT also applies to certain financial transactions (power and gas trading, for good example), legal bills and so on. Known in some of the colonies (Canada, New Zild) as [[GST]] (that’s [[goods and services tax]] or — ho ho ho — Ge Stapo tax), and in the new world generally as just “[[sales tax]]”, but it's the same idea. A tax on buying things. Not progressive, for you social justice warriors, but fairly hard to avoid so popular with Chancellors of the Exchequer.
VAT also applies to certain financial transactions (power and gas trading, for good example), legal bills and so on. Known in some of the colonies (Canada, New Zild) as [[GST]] (that’s [[goods and services tax]] or — ho ho ho — Ge Stapo tax), and in the new world generally as just “[[sales tax]]”, but it's the same idea. A tax on buying things. Not progressive, for you social justice warriors, but fairly hard to avoid so popular with Chancellors of the Exchequer.


{{seealso}}
{{sa}}
*{{gmslaprov|Sales Tax}} under the {{gmsla}}
*{{gmslaprov|Sales Tax}} under the {{gmsla}}
*[[Tax]] generally — that ghastly inevitability.
*{{gtmaprov|VAT}} under the {{gtma}}
*[[Tax]] generally — that ghastly inevitability, idiosyncratically (but fairly) lumped together with rice pudding and [[Cogito ergo sum|implausible metaphysics]] in the {{hhgg}}.
{{egg}}

Latest revision as of 11:02, 19 January 2020

That crappy 20% extra sales tax you pay if you eat your Pret sandwich at a grubby table in the shop rather than taking it away in a smart but environmentally-devastating paper bag.

VAT also applies to certain financial transactions (power and gas trading, for good example), legal bills and so on. Known in some of the colonies (Canada, New Zild) as GST (that’s goods and services tax or — ho ho ho — Ge Stapo tax), and in the new world generally as just “sales tax”, but it's the same idea. A tax on buying things. Not progressive, for you social justice warriors, but fairly hard to avoid so popular with Chancellors of the Exchequer.

See also