VAT

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James Plunkett, secretary to the Resolution Foundation's Commission on Living Standards, writes of the need for a debate on the role of VAT in the tax system.

One reason could be that rules on Low Value Consignment Relief or LVCR mean their goods would be exempt from VAT, but that is not something the States encourage. Three things are clear: a) Osborne's announcements clearly aren't having ...

Several trade bodies have expressed their resentment over imposition of 5% Value Added tax (VAT) on branded packaged food items. The Jamshedpur Chamber of Commerce and Industries has announced that it will not procure branded packaged ...


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