Source · Select Committees · Treasury Committee

Recommendation 24

24 Paragraph: 169

We did not hear or receive any evidence in favour of replacing VAT with a...

Conclusion
We did not hear or receive any evidence in favour of replacing VAT with a retail sales tax. Any contemplation of such a change must be accompanied by more evidence as to the effects it would have, not least on our trade with the EU, which would continue to levy VAT.
Paragraph Reference: 169