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You do realise that VAT merely replaced a previous UK-determined Purchase tax.
As VAT is third largest source of revenue for the Exchequer,
and as the Tories diminish the take from Corporation Tax, Capital Gains tax and Inheritance duties, who/which party is lobbying for the 'abolition of VAT'?
mespilus-
I do.
None that I know of, and I can't picture it happening (or at least without just being replaced by another sales tax). The people complaining about it were posters on this thread who were also complaining about leaving the EU. I was just pointing out that it's an area where we would have to "take back control" before doing anything about it.
aggi
Well it can be finessed but the basic principle, which is what people are complaining about, remains the same and the tax can't be abolished.
There is a 5% band but there are restrictions on where it can be applied, for instance the attempt to have energy saving building materials at a 5% rate was over-ruled by the EU http://curia.europa.eu/jcms/upload/docs/application/pdf/2015-06/cp150065en.pdf