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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'?

  • 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.

  • "take back control" means little without the wider context.

    Suppose the UK wants to set a rate lower than 15%. That's not possible.

    Then in order to do so it means leaving the EU and the EEC. Does the cost/benefit picture balance?

    As the discussion here was the tampon tax (a weird thing that for a change is linked to the EU but it can no doubt be changed within it by forming an alliance with other countries) and progressive taxation which is a can of worms that involves VAT and many other areas.

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