Trademagazin > News and articles > Market News > The British government would terminate the VAT-free of food
The British government would terminate the VAT-free of food
🎧 Hallgasd a cikket:
The British government is considering the termination of VAT-free of food, in order to reduce the unprecedented deficit.
Currently there is no value added tax on the basic foods, that can be purchased at stores in Britain. However, if only 3-5 percent value added tax would be imposed on food, it would bring billions to the budget. According to estimations; the British people spend 120 billion pounds (37 thousand billion forints) in supermarkets, on food annually – reports MTI, after Sunday Telegraph.
Related news
More related news >
Related news
The 2025 Sustainable Future Awards were presented: the most outstanding sustainable companies and leaders of the year were recognized
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Visa launches new program to support the digitalization of Hungarian businesses
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >The 2025 Sustainable Future Awards have been presented
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >

