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VAT on food

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    VAT on food

    Is this a good idea? bad idea ? AndyW does not eat food.

    If the government is serious about this, then it looks like the desperate last few attempts to raise cash. Will this actually trigger off the violent protests expected from the intelligent masses but that which never happened?
    Vote Corbyn ! Save this country !

    #2
    It won't happen, it's just a scare story to prepare public for VAT going up to 20% in order "to avoid putting it up on food".

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      #3
      The EU have long schemed to levy VAT on food and the other exemptions - link

      Seeing as the EU calls almost all the shots now, and the British Government are little more than a bunch of jumped up clerks, it may well happen.

      edit: As one might expect, there's a lively discussion on this over on a Farmer's forum.
      Last edited by OwlHoot; 8 March 2010, 12:38.
      Work in the public sector? Read the IR35 FAQ here

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        #4
        There should be one rate of VAT on all items across Europe.

        Comment


          #5
          Originally posted by AtW View Post
          There should be one rate of VAT on all items across Europe.
          why?
          And what exactly is wrong with an "ad hominem" argument? Dodgy Agent, 16-5-2014

          Comment


            #6
            Originally posted by Mich the Tester View Post
            why?
            It would make it harder for politicians in separate countries to tax and spend if rate is fixed centrally.

            Additionally it would provide for fair competition inside single market - booze trips to France are totally abnormal anomaly: EU should agree taxes that apply to all member states.

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              #7
              Originally posted by AtW View Post
              There should be one rate of VAT on all items across Europe.
              It would certainly make things simpler.

              They say VAT on food would affect the poor more, but that's not true as clearly the VAT paid on caviar will be far more than the VAT paid on gruel.
              Will work inside IR35. Or for food.

              Comment


                #8
                Originally posted by AtW View Post
                It would make it harder for politicians in separate countries to tax and spend if rate is fixed centrally.

                Additionally it would provide for fair competition inside single market - booze trips to France are totally abnormal anomaly: EU should agree taxes that apply to all member states.
                We should just ignore the rules we don't like. Spain, Greece and quite a few others seem to get away with it.
                ‎"See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."

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                  #9
                  Originally posted by Moscow Mule View Post
                  We should just ignore the rules we don't like. Spain, Greece and quite a few others seem to get away with it.
                  VAT is good because it is much easier collectable - it is more predictable especially if food is taxed.

                  You could probably double VAT take in the UK by taxing all exempt items, this in effect mean that a much lower rate would be needed to raise same amount of money, say 10%.

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                    #10
                    The Swiss could make a killing by fixing their VAT at EU VAT – 1 percentage point, as could the Turks and many others.
                    And what exactly is wrong with an "ad hominem" argument? Dodgy Agent, 16-5-2014

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