Varying Rates of VAT

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Varying Rates of VAT

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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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