This book provides a comprehensive guide to Value Added Tax (VAT) in the UK. It details the principles, legislation, and practical application of VAT, aiming to equip readers with a thorough understanding of their obligations and opportunities. The text covers various aspects of VAT, including registration, accounting schemes, international trade, and dispute resolution, offering detailed explanations and examples.

As a technical guide to Value Added Tax, 'Tolley's Value Added Tax' is expected to serve as a foundational resource for tax professionals, accountants, and businesses operating within the UK. The book's detailed approach suggests it is aimed at providing in-depth knowledge for compliance and strategic planning. Its utility likely lies in its comprehensive coverage of VAT legislation and practical application, making it a valuable reference for navigating complex tax requirements. The publication date indicates it reflects the VAT regime as it stood in the late 1990s.