On 25 Nov 2008, at 15:51, David Cragg wrote:
> I must admit to being puzzled that VAT could be lowered. In the
> past it was said that VAT was subject to an EU rule that it could
> not be reduced in a member state without all the other member
> states giving permission.
AIUI, this would only apply if the Chancellor wanted to reduce the
rate below 15%.
All the best
Bruce
There are no strangers on the cut, only boaters we've yet to meet.
[Non-text portions of this message have been removed]
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