Sentence examples for reducing vat from inspiring English sources

The pair also put forward policy ideas, with Smith flirting with the idea of reducing VAT by 5p.

Households: The quality of life group has proposed cutting stamp duty for greener homes and reducing VAT on house repairs and refurbishment.

As the world's champion exporter and with an industrial and manufacturing sector bigger than Britain and France's combined, Germany sees less utility in cutting taxes or reducing VAT.

What's the point in reducing VAT in the shops if it's still going to cost you a lot to drive to get there?' They agree with the government's proposed income tax of 45percentnt on high earners, but want to see it put in place now, instead of in 2011.

"They must lower taxes on basic products and stimulate the economy by reducing VAT.

Another problem that Peters faced was rumours that the government was going to reduce VAT.

His original plans, announced in 2000, reduced VAT from 17.5% to 5%, and yesterday Mr Brown extended the scheme to wipe out VAT altogether until March 2006.

This week's annual report on the UK urged the chancellor to reduce VAT and increase public spending rather than relying on the private sector for growth.

VAT FUEL CUT HELPS ELDERLY Labour's manifesto pledge to reduce VAT on fuel to 5percentnt will be of significant help to Nancy, a 70-year-old widow who relies on state benefits for three-quarters of her income.

Gordon Brown's announcement that he is extending a scheme to reduce VAT for repairs to places of worship which are also listed buildings was greeted by a cry of "God bless you" in parliament.

The Federation of Master Builders also welcomed the £500m builders finance fund, but chief executive Brian Berry said the budget had missed the chance to reduce VAT to 5% on housing renovation and repair.