Budget
":Jerry:" wrote in message
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"Dave Plowman (News)" wrote in message
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In article ,
The Natural Philosopher wrote:
The VAT/duty scheme is an extremely flexible way to tailor taxation
effects to achieve the result you want.
No it's not. Controlled by the EU.
That would be why Brown was prevented from *removing* VAT on domestic fuel
(rather than just lowering it to 5pc) back in 1997 at his first budget, at
the time it was made clear that such fuel could not be zero rated due to
EU tax regulations.
Funny how nulabor want to put a carbon tax on but want to remove VAT.
The VAT was added as an easy to collect carbon tax, not that it works very
well.
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