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Keyword: euvat

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  • EU VAT review could end Britain's exemption on food, medicine and children's clothing

    01/28/2016 7:11:42 PM PST · by Olog-hai · 14 replies
    Daily Telegraph (UK) ^ | 12:34PM GMT 28 Jan 2016 | Steven Swinford
    David Cameron has vowed to resist plans by the European Union to bar Britain from waiving VAT on food, medicine and children's clothing, a senior EU official said. Pierre Moscovici, the Economics Commissioner, said that Britain's "zero rate" for VAT on a number of items is "not the best idea" and suggested it will be looked at as part of a review by the European Commission. It will fuel controversy as David Cameron holds a series of meetings as he prepares to call a referendum on Britain's continued membership of the of the European Union. ...