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Taxation

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Taxation

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  • December 19, 2011 at 5:35 pm #51091
    chibex
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    Explain “you are taxed when you earn,you are taxed when you spend”

    May 1, 2012 at 9:27 pm #92230
    neilsolaris
    Member
    • Topics: 59
    • Replies: 415
    • ☆☆☆

    I’m guessing it mean you pay income tax when you earn, and pay VAT when you spend.

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