PM to admit that the UK has little control over its VAT rates with the lowest standard rate being set at 15 percent.

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PM to admit that the UK has little control over its VAT rates with the lowest standard rate being set at 15 percent.

Additional Information

VAT has been set by the EU. The lowest standard rate is 15 percent. This is the lowest it can be except for one or two reduced rates of not lower than 5 percent.

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