Taxation

(asked on 27th October 2016) - View Source

Question to the HM Treasury:

To ask Her Majesty’s Government, further to the Written Answer by Lord Young of Cookham on 25 October (HL2200), whether they will consider using a more flexible and variable approach to setting VAT and Excise duties for different goods and services to improve the nation's health and wellbeing, after the UK leaves the EU.


Answered by
Lord Young of Cookham Portrait
Lord Young of Cookham
This question was answered on 10th November 2016

As I stated in my answer of 25 October (HL2200), until the UK has left the EU, we will remain a member of the EU with all the rights and obligations that membership entails.

The Government will work hard to get the best deal for Britain, including for VAT and excise, and is determined to make the most of the opportunities that are presented.

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