1. 1 2 3 4 5 6 8 9 7

2. 1
What does VAT stand for?

3. 2
What are the three rates 0f VAT? 2

4. 3
How much is the current registration limit?

5. 4
To whom must VAT be paid?

6. 5
What is 1/6?

7. 6
What is the time of supply called?

8. 7
How often is VAT usually paid?

9. 8 Is the following statement true or false
A person who makes exempt supplies cannot reclaim input tax

10. 9
Where can you find details about the main VAT rules and procedures?

11. 1
Value Added Tax

12. 2
0%, 5% and 20%

13. 3
£77,000

14. 4
HMRC

15. 5
The fraction for calculating the VAT when figure is VAT inclusive

16. 6
The Tax Point

17. 7
Quarterly

18. 8
True

19. 9
The HMRC website