Submitted on Sunday 4th December 2011
Published on Monday 5th December 2011
Current status: Closed
Closed: Wednesday 5th December 2012
PM to admit that the UK has little control over its VAT rates with the lowest standard rate being set at 15 percent.
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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