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bigredduke · 29-01-2021, 07:37 PM

One of the reasons given for UK VAT increasing from 17.5% to 20% was "enforced harmonisation of VAT rates across the EU"

What are the chances of UK VAT being reduced to 17.5% (or even 15% as it was originally) now we are no longer part of the EU?

Maggsy · 29-01-2021, 08:08 PM

Quote:

Originally Posted by bigredduke

One of the reasons given for UK VAT increasing from 17.5% to 20% was "enforced harmonisation of VAT rates across the EU"

What are the chances of UK VAT being reduced to 17.5% (or even 15% as it was originally) now we are no longer part of the EU?

Absolutely none!
BTW, thanks for the link Mr. G.

slob · 29-01-2021, 08:39 PM

Quote:

Originally Posted by bigredduke

... UK VAT increasing from 17.5% to 20% was "enforced harmonisation of VAT rates across the EU"...

simply not true, I don’t want to get into politics but the harmonisation stated it should be a minimum of 15%

bigredduke · 29-01-2021, 08:49 PM

My error. If memory serves, it was presented by the UK government as the reason why the VAT rate had to increase to 20% which is not the same thing as an EU directive

29-01-2021, 08:49 PM	#4
bigredduke Nothing to see here Join Date: May 2005 Location: brough Bike: M1100evo Posts: 1,546	My error. If memory serves, it was presented by the UK government as the reason why the VAT rate had to increase to 20% which is not the same thing as an EU directive Last edited by bigredduke; 29-01-2021 at 08:51 PM.. Reason: BTW the "enforced" was Daily Mail/Express lingo not a personal view

29-01-2021, 07:37 PM	#1
bigredduke Nothing to see here Join Date: May 2005 Location: brough Bike: M1100evo Posts: 1,546	One of the reasons given for UK VAT increasing from 17.5% to 20% was "enforced harmonisation of VAT rates across the EU" What are the chances of UK VAT being reduced to 17.5% (or even 15% as it was originally) now we are no longer part of the EU?