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| Hello there I was wondering what Indirect tax is? | |
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| Wel, Indirect Taxes include VAT and a range of excise duties on oil, tobacco, alcohol... | |
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| indeed, The supplier can pass on the burden of an indirect tax to the final consumer � depending on the price elasticity of demand and supply for the product. | |
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| Woah this makes much more sense now and what about Direct Tax? | |
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| Direct taxes are paid directly to the Exchequer by the individual taxpayer � usually through �pay as you earn�. Tax liability cannot be passed onto someone else | |
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