How is VAT registration tax Done

Things to Know about VAT Registration Tax

VAT registration tax can be quite intimidating for small business owners, particularly those who already have issues with paperwork and have no idea what they should tell their taxman. What is VAT, then? How will it affect you? If it does, how should you go about with VAT tax registration? What is VAT?  VAT is the acronym for Value Added Tax. This is charged on majority of sales of services and goods in different countries.