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How Is Vat An Advantage?

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EloiseWard | 08:08 Tue 21st Sep 2021 | Business & Finance
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As a working individual in a society, I want to know where my VAT goes?
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Don’t we all, love. Don’t we all.
The advantage to VAT is that everyone pays it - working and non-working, adults and children. Even foreign tourists pay it on certain things when they visit the UK.
VAT goes in to the general government coffers.
how do mean "advantage" - it's a tax it goes to the treasury like all the other taxes.
If you mean as an advantage over say a 'purchase tax' then where it really gains is it makes the collector responsible up the chain (collecting on the sale and deducting their VAT outgoings) meaning the VATman has a lot less work.

Otherwise it is simply another tax that disappears into the pot.
// As a working individual in a society, I want to know where my VAT goes?//

So would you be unconcerned where 'your' VAT goes if you were on benefits or retired?

///How Is Vat an advantage//

an advantage to who?
You got a link?
// As a working individual in a society, I want to know where my VAT goes?//
in noting to do with
how is VAT an advantage ?

it isnt - it is a tax on consumption and so hits the poor more - coz they are hand to mouth and dont save - see?
we did it ( purchase tax previously) because of the need to tax harmonise in 1972 when we joined the common market ( yeah yeah I am not going to go into that)

Where does your tax go?
you have a right to know and there are govt sites for this

https://www.statista.com/chart/4520/where-do-uk-taxes-go/

As compared to other levies, there's a subordinate chance of levy shunning. Pocket minimizes levy shunning due to its catch-up effect. Due to the catch-up effect of Pocket, it minimizes avoidance.
I'm thinking Eloise/engineer are cut from a similar cloth...
we are being worked arent we ?
working has no bearing on paying VAT

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