Select committee: Treasury Committee
Conclusion 25
Twelfth Report - Tax after coronavirus
Published 1 Mar 2021
Paragraph 180
Addressed to HM Treasury
Treasury Committee Tax after coronavirus All items in this report Report on parliament.uk ↗ Inquiry on parliament.uk ↗
Conclusion (the committee's words)
We welcome the increased flexibility that the UK Government has to set VAT rates—for example we welcome the abolition of the “tampon tax”. We recognise that the VAT system is complicated and that the zero and reduced rates, together with the exemptions, create economic distortions. We also recognise, however, that in political terms simplification through removing exemptions and zero rates is likely to be very hard to deliver. We do not recommend any significant changes to the scope of VAT.
From: Treasury Committee, Twelfth Report - Tax after coronavirus (HC 664), paragraph 180, 1 March 2021
Government response
No government response linked yet: deadline 1 May 2021, 2010 days ago.