beorhthelm
A. Virgo, Football Genius
- Jul 21, 2003
- 36,029
Well, just for your first example
EU rules mean the UK cannot reduce VAT on goods and services below 15%, the standard rate of VAT in the EU. The standard rate of VAT in the UK is 20%
which agrees with the point made, we do not have complete control of VAT. rules and regulations around VAT are all governed by EU, there are details on exemptions, zero-rating, special cases, and im sure we would continue to have it (under some name), but that is a fact..