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  2. Personal contract purchase - Wikipedia

    en.wikipedia.org/wiki/Personal_contract_purchase

    Unlike Personal Contract Hire, the leasing company can reclaim the VAT, and this means that the monthly payment would be less because: the interest charges are applied to the net-of-VAT cost price i.e. a car would be without the VAT, giving substantial savings on interest charges

  3. Value-added tax - Wikipedia

    en.wikipedia.org/wiki/Value-added_tax

    In the United States no federal VAT is in effect. Instead, sales and use taxes are used in most states. [96] [97] Puerto Rico replaced its 6% sales tax with a 10.5% VAT beginning 1 April 2016, leaving in place its 1% municipal sales and use tax. Materials imported for manufacturing are exempt.

  4. Sales taxes in the United States - Wikipedia

    en.wikipedia.org/wiki/Sales_taxes_in_the_United...

    Additionally, local taxing authorities can impose their own sales tax. Currently, the majority of Utah's aggregate sales taxes are in the range of 6.1 – 8.35%. Utah has a 16.350% sales tax on rental cars in Salt Lake City. [197] The sales tax on food and food ingredients is 3.0% statewide.

  5. Tax compliance software - Wikipedia

    en.wikipedia.org/wiki/Tax_compliance_software

    An indirect tax (such as sales tax, value added tax (VAT), or goods and services tax (GST)) is a tax collected by an intermediary (such as a retail store) from the person who bears the ultimate economic burden of the tax (such as the customer). The intermediary later files a tax return and forwards the tax proceeds to government with the return.

  6. Vehicle leasing - Wikipedia

    en.wikipedia.org/wiki/Vehicle_leasing

    Vehicle leasing is the leasing (or the use) of a motor vehicle for a fixed period of time at an agreed amount of money for the lease. It is commonly offered by dealers as an alternative to vehicle purchase but is widely used by businesses as a method of acquiring (or having the use of) vehicles for business, without the usually needed cash outlay.

  7. How to sell an older car

    www.aol.com/sell-older-car-183000742.html

    Before you list your vehicle for private sale, ensure you have a good understanding of your car's condition and any mechanical issues present, and have all the paperwork in order, such as the bill ...

  8. European Union value added tax - Wikipedia

    en.wikipedia.org/wiki/European_Union_value_added_tax

    EU VAT Tax Rates. The European Union value-added tax (or EU VAT) is a value added tax on goods and services within the European Union (EU). The EU's institutions do not collect the tax, but EU member states are each required to adopt in national legislation a value added tax that complies with the EU VAT code.

  9. Value-added tax in the United Kingdom - Wikipedia

    en.wikipedia.org/wiki/Value-added_tax_in_the...

    VAT is an indirect tax because the tax is paid to the government by the seller (the business) rather than the person who ultimately bears the economic burden of the tax (the consumer). [4] Opponents of VAT claim it is a regressive tax because the poorest people spend a higher proportion of their disposable income on VAT than the richest people. [5]

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