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Varying Rates of VAT

Submitted on Thursday 19th January 2012

Published on Monday 23rd January 2012

Current status: Closed

Closed: Wednesday 23rd January 2013

Signatures: 4

Tagged with

Britain ~ British ~ Individuals

Petition Action

Varying Rates of VAT

Additional Information

Introduce a varying rate of VAT for products and services and tie VAT rate value to the overall total of the service, eg, the higher price paid the lower VAT rate this would encourage more spending for companies and individuals to take advantage of the lower rates.

VAT on products manufactered in Great Britain should be at a lower rate to encourage more sourcing of products from this country giving a boost the British Manufacruring Industry.


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