"vat rate" is correct and usable in written English.
You use this term when referring to the rate of tax applied to goods and services in some countries. For example, "The vat rate in Germany is 19%".
VAT rate hikes will boost VAT evasion.
It's lower than our VAT rate will be.
Gujarat has the highest VAT rate in the country".
Two months later the new VAT rate was cut from 20%to5%5%.
The party's economic spokesman, Patrick O'Flynn, suggested a VAT rate of 25% on such luxury goods.
It has recommended, for example, a 0% VAT rate for customers buying recycled materials.
Each EU country has its own VAT rate, and in the UK there are three rates.
The VAT rate reverted to 17.5% at the start of this year.
Its property wishlist includes reducing the VAT rate on repair and renovation to help lower costs.
Within a given country, therefore, the effective VAT rate will be different for different goods.
A Syriza spokesman this week acknowledged that scrapping the special VAT rate would have a repercussion on island residents.
