UK VAT Online - Stock image

British Currency, Cable, Calculator, Coin, Currency

UK VAT Online royalty-free stock photo
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UK VAT Online royalty-free stock photo

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Stock photo ID:184869925
Upload date:October 14, 2013

Description

'Since April 2010 UK VAT many Value Added Tax registered businesses have been submitting their VAT returns, and any tax due electronically, online. From April 1 2012, all registered businesses will be required to submit and pay any tax due, online. After this date paper VAT returns will no longer be valid. VAT, or Value added Tax, is a tax on the purchase price of goods and services. The tax is paid to the government by registered businesses and is the sale price of the goods or services, minus the cots of materials and other taxable inputs. In most cases this tax is paid quarterly per annum. Here,a calculator is connected via a USB connection to represent the electronic data and funds payment.'
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