The Mudcat Café TM
Thread #174179   Message #4234296
Posted By: Nigel Parsons
14-Jan-26 - 06:50 AM
Thread Name: BS: Brexit and other UK politics thread 4
Subject: RE: BS: Brexit and other UK politics thread 4
Google sums it up quite neatly:
An indirect tax is a tax levied on the sale of goods and services, which is collected by the seller (an intermediary) and ultimately passed on to the final consumer through a higher price. The consumer pays the tax as part of the purchase price, often without realizing the exact amount, while the seller is responsible for remitting the tax revenue to the government.