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VAT is still shown on receipts in the UK same as it is in the US. Even so, I'd bet that most Brits couldn't tell you what the standard rate of VAT is, or guess
by rahimnathwani 4y ago
VAT is still shown on receipts in the UK same as it is in the US.
Even so, I'd bet that most Brits couldn't tell you what the standard rate of VAT is, or guess something between 17% to 23% (i.e. to within 15%). I'd imagine that a greater proportion of Californians could tell you that sales tax is about 10%.
- digianarchist 4y agoI think most Brits know VAT is 20%. If they don't it's because it's changed three times in the last 15 years. I couldn't even tell you what the California sales tax is without referencing this table. https://www.cdtfa.ca.gov/taxes-and-fees/rates.aspx https://www.cdtfa.ca.gov/taxes-and-fees/rates.aspx