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. So is this true and if it is has the gov got a > dispensation as long as VAT is only down from next Monday to the end > of next year if you do want to save a few hundred buying a posh boat.
It can't need permission, as VAT rates vary anoung EU countries. Austria 20% Netherlands 19% ROI 21% (going UP to 21.5% just before Xmas) France 19.6% Germany 19% Belgium 21% Italy 20% So what with the weak pound, Europeople will be flocking to bargain basement Britain! Neil Arlidge - NB Earnest Follow the travels of TNC, now in Ireland http://www.tuesdaynightclub.co.uk/tour.html
