VAT


Meaning of VAT in English

/ ˌviː eɪ ˈtiː; NAmE ; væt/ noun

[ U ] ( BrE ) a tax that is added to the price of goods and services (abbreviation for 'value added tax') :

Prices include VAT.

£27.50 + VAT

For more information see the Cultural Guide

Oxford Advanced Learner's English Dictionary.      Оксфордский английский словарь для изучающик язык на продвинутом уровне.