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are you wondering how vat works well in this video im going to give you a brief overview of how it works and why it might be or might not be a good idea for your business as a business accountant my team and i spent all day helping clients with tax and their vat now its one of these things where vat is not a particularly well understood topic i think even accountants find it one of the more difficult taxes to deal with because there are so many rules and it is reasonably complex however from a basic understanding point of view there are some key concepts that i wanted to share with you today if you do enjoy these types of content be sure to click the subscribe button below so you can get notified whenever we release another video now lets start with the basics so i am going to say here as a disclaimer because of the reasons ive already spoke about v80 is very complex and as a result what im talking here is very broad brush im just going to give you a wide overview and in the maj
