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value added tax
(redirected from VAT registered)

   Also found in: Dictionary/thesaurus, Wikipedia 0.01 sec.
See: ad valorem


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He has reduced VAT on fuel (which all VAT registered businesses can re-claim) and balanced this with an equivalent increase in fuel tax which they cannot reclaim.
For those who are VAT registered, it is necessary to keep VAT receipts so that you can reclaim the VAT element of the transaction.
The North-east has one of the lowest rates in the UK for enterprise activity and One NorthEast has set a target of creating as many as 22,000 new VAT registered businesses by 2016.
 
 
 
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