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Form Vat 28 See Rule 46

Form Vat 28 See Rule 46

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Instructions and help about Form Vat 28 See Rule 46

hey guys i wanted to make a quick video and show you the similarities and differences between sales tax and value-added tax and basically sales tax are the taxes added to sales for finished goods and services in the u.s while vat or vat you can call it vat or vat is the tax added to goods and services in the eu uk and some other countries so basically they're very similar in concept but they're just different in the mechanics of at which stage of the supply chain they are added to an invoice of a sale and so i want to walk you through that through an example of manufacturing a vehicle so go through the example of sourcing the parts of the vehicle and then assembly of the vehicle and then selling the vehicle to a dealer which then turns around and sell it to the end consumer uh and then once we go through that you'll understand uh the invoicing process and when the tax gets added to an invoice and then after that we'll walk through just some of the main differences between the two types

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