The Government has been urged to end the regional differences in electricity and gas bills (Gareth Fuller/PA)
(Picture: PA Archive)Can VAT save the economy? Probably not.
As a VAT consultant I tend to view much of life through a VAT lens. Most of the time VAT has little relevance to the wider world, apart from adding 20% to most goods and services we consume in the UK. Occasionally, it does raise its head, for example in the infamous Jaffa Cake test (are they cakes or biscuits?)as well as the more recent ‘Pasty tax’. For those short periods, VAT becomes interesting to a wider section of the population.
