VAT - What is VAT? | Debitoor Accounting Glossary

VAT - What is VAT? | Debitoor Accounting Glossary debitoor.com/dictionary/vat VAT – What is VAT? Definition: VAT stands for value added tax and is a tax surcharge on the sales price of a good or service. VAT is a tax that you pay when you buy goods and services in the UK including the European Union (EU). Where VAT is payable it\'s ...