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WHAT IS VAT or VALUE ADDED TAX?

added tax value VAT
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WHAT IS VAT or VALUE ADDED TAX?

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This is a tax levied by the UK government on all sales. Alterhit is a UK registered company. We are VAT registered. This means that 17.5% of all our sales revenue must go to the lovely people at Her Royal Majesty’s customs and excise. This is a big chunk of cash that we are obliged to pay to HM Government to stay legal.

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