In the UK, VAT registered businesses charge output VAT on

In the UK, VAT registered businesses charge output VAT on

 In the UK, VAT registered businesses charge output VAT on:

A. Purchases of goods

B. Sales of taxable goods and services

C. Bank interest received

D. Dividend income

Answer: B

Explanation: Output VAT is the VAT charged by a VAT-registered business on its taxable sales to customers. Input VAT relates to business purchases.