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VAT is levied on most goods and services provided by registered businesses in the UK and some goods and services imported from outside the UK. The default VAT rate is the standard rate, 20% since 4 January 2011.
Trade discounts are often combined to include a series of functions, for example 20/12/5 could indicate a 20% discount for warehousing the product, an additional 12% discount for shipping the product, and an additional 5% discount for keeping the shelves stocked.
Boots UK is the UK's leading pharmacy-led health and beauty retailer. Alliance Boots is also the largest pharmaceutical wholesaler in the UK through its Alliance Healthcare (Distribution) Ltd business.
Corporation tax in the United Kingdom is a corporate tax levied in on the profits made by UK-resident companies and on the profits of entities registered overseas with permanent establishments in the UK. Until 1 April 1965, companies were taxed at the same income tax rates as individual taxpayers, with an additional profits tax levied on companies.
Taxation in the United Kingdom. In the United Kingdom, taxation may involve payments to at least three different levels of government: central government ( HM Revenue & Customs ), devolved governments and local government.
List of current discount shops. Brand launched by Poundworld founder Chris Edwards to replace former DiscountUK brand, which closed with failure of parent company. Restarted as a sister brand by Poundstretcher. Family owned discount shops department store chain based in Scarborough.
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