Category: Vat Rate

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Value Added Tax (VAT) is a consumption tax levied on most goods and services in the United Kingdom. It is a critical part of the

In Bangladesh, the standard VAT rate is 15%, which applies to most goods and services. However, there are exceptions and reduced rates for specific items:

In Australia, the local name for VAT is the Goods and Services Tax (GST). The standard GST rate is 10%, which applies to most goods

The Netherlands has a standard VAT rate of 21%, which applies to most goods and services. There are also two reduced VAT rates: VAT Exemptions

In Nigeria, the standard Value Added Tax (VAT) rate is 7.5%, which was increased from 5% on February 1, 2020. However, there are certain goods

In India, Value Added Tax (VAT) rates are categorized into three main groups: A general VAT rate of 12.5% to 14% covers goods outside these

Value Added Tax (VAT) is a consumption tax applied to goods and services at each stage of production and distribution. It’s a key revenue source

The European Union (EU) is known for its complex and diverse tax systems, particularly when it comes to Value Added Tax (VAT). VAT is a