what value is added?Value added = turnover minus intermediate expenditure
That wasn't the point.. many or most services doesn't add any "value" to society, thus shouldn't be taxed as such.Are you saying goods should be taxed but not services? Why?
> Are you saying goods should be taxed but not services? Why?
Yes. "Things" create a value, it adds value and there is a cost attached to "things". If you need to service that item, there is no value added. Whatever income for the service done, is taxed anyhow by the worker.
We didn't use to have VAT on services, now we do. VAT is also very high.
@andy I said not it was worthless..it had value from the point that people enjoy living in a clean house, and the person doing the job can feed their kids. My time is also worth something. if i cleaned it myself, should i pay tax for that? No, nothing was gained. the cleaning peron would pay taxes anyways (in most cases ;)
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