Value Added Tax is fun. Here's how it works. If I buy some wood to make some furniture (as I do) I pay my supplier 17½% VAT. I then sell you the furniture, and charge you 17% VAT. At the end of the quarter, I send Her Majesty's Customs & Excise (ie. chaps with big black boots) all the VAT I've charged, less all the VAT I've paid my suppliers. Of course, if you were running a shop, you would be charging your customer VAT and reclaiming the VAT I had charged you, and the man who sold me the wood is doing the same thing. The effect is to tax the "added value" at each stage. It's a European thing, and makes for a lot of paperwork.

If I buy something from another European Economic Community country, I will normally pay their VAT rate (something like the UK rate but unlikely to be the same). If you buy something from a supplier in an EEC country and ask him/her to export it to North America, the supplier will not charge you VAT, but you may have your own Customs or other taxes to pay at your end.

VAT is one of the reasons Goverments hate the Net. Current target here: people who buy CDs (music, not saloon/sedan) on line and hope to avoid the tax.

Could well try the K&N, though I remember fitting one with a Weber DCD on my Saab 96 and getting huge intake noise - that was probably the carburettor. Bye - Bill

• Rear muff recommendations....., 91Aerojr, Sat, 3 Feb 2001 09:23:22
  • Re: Rear muff recommendations....., Tim, Sat, 3 Feb 2001 12:53:20
    • Noisy beast, Bill Davies, Sat, 3 Feb 2001 13:46:20
  • Accelerated Response Motoring..., Toronto Red Aero, Sat, 3 Feb 2001 12:12:43
  • Re: Rear muff recommendations....., Bill Davies, Sat, 3 Feb 2001 11:25:19
    • Re: Rear muff recommendations....., 91Aerojr, Sat, 3 Feb 2001 11:52:00
      • VAT's it all about, Bill Davies, Sat, 3 Feb 2001 13:17:44 <-- Viewing This Message
        • Oh my....and I thought..., 91Aerojr, Sat, 3 Feb 2001 14:00:27
        • Finger trouble - VAT 17½% both ends, as if it mattered (n/m), Bill Davies, Sat, 3 Feb 2001 13:25:36
  • Re: If your car is a Turbo and has a good middle muffler, aero guy, Sat, 3 Feb 2001 09:35:47

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