VAT

VAT increase to 20% would be “intently regressive”

Conservative plans to increase VAT to 20%, which have not been ruled out by their HQ, would be "intently regressive." It would mean that the poorest fifth of the population would spend a total of 13.8% of their disposable income on VAT, up 1.7 percentage points. This is more than double what the richest fifth would pay.

Will Straw ·

Most Popular

  1. 1 The housing crisis is manufactured. We can end it.
  2. 2 Reform’s Makerfield candidate Robert Kenyon squirms when challenged over social media remarks in humiliating interview
  3. 3 Mick Lynch humiliates Reform candidate in fiery Newsnight clash
  4. 4 Robert Peston eviscerates Nigel Farage: ‘Why does the family of Henry Nowak mean nothing to you?’
  5. 5 Reform’s Andrea Jenkyns storms out of meeting over criticism of Reform’s response to Henry Nowak’s murder
Scroll to Top