Newbie here

Hello BHW

I read the rules and here I am introducing myself.

I'm not an expert , found this forum after extensive search for something. And I found lots of stuff here; money making, hire a freelance, and guides.

Just a quick question. What is VAT? I looked at upgrading account requirement, and there's a space asking for VAT. (I'm from South East Asia btw)

Hi, welcome to the best forum in the world!

Hello and welcome. A value-added tax (VAT) is a consumption tax placed on a product whenever value is added at each stage of the supply chain, from production to the point of sale. The amount of VAT that the user pays is on the cost of the product, less any of the costs of materials used in the product that have already been taxed.