Percentage_Rate_and_Base pdf. In mathematics

ZyrusjohnIsid 11 views 11 slides Oct 15, 2024
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About This Presentation

Percentage rate base


Slide Content

 What is VAT?
 Where did the money goes?
How do you know the actual value that goes to the government for the
goods and services you avail?
 How it is calculated?

 Value Added Tax (VAT) is an amount imposed on a buyer as part of the
selling price. When you buy an item , 12% of what you actually pay goes to
the government in the form of tax. So, by buying simple items, you are in
fact helping to fund the operations of the government.