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<blockquote data-quote="Evans Electric" data-source="post: 393163" data-attributes="member: 1408"><p>Something that I always found "interesting" was , if you look back at my pretend bill , you have my bill of £ 120.00 + additional VAT @ 20% .</p><p></p><p>But the VAT element is actually a tax upon a tax .......the calculation is made against the net amount AND the income tax element. </p><p></p><p>Its not different Stepps ....just more !!!</p><p></p><p>I'm not sure if I'm oop north ........I'm certainly not darn sarf!! </p></blockquote><p></p>
[QUOTE="Evans Electric, post: 393163, member: 1408"] Something that I always found "interesting" was , if you look back at my pretend bill , you have my bill of £ 120.00 + additional VAT @ 20% . But the VAT element is actually a tax upon a tax .......the calculation is made against the net amount AND the income tax element. Its not different Stepps ....just more !!! I'm not sure if I'm oop north ........I'm certainly not darn sarf!! [/QUOTE]
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