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The BIG difference between VAT and US sales tax
Автор: The eCommerce Finance Podcast
Загружено: 2025-12-22
Просмотров: 119
Описание:
VAT vs sales tax: what's the difference? Oliver Blackmore explains why UK businesses pay VAT on purchases from other businesses, unlike the US where you'd get a sales tax exemption. The key is you reclaim that VAT later to offset what you collect.
This creates layers of VAT throughout the entire supply chain, with each business paying and claiming back as products move through. Understanding these layers helps you manage cash flow better.
Watch the full episode to learn how VAT really works and how it impacts your ecommerce business.
#ecommercefinancepodcast
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