Thread: 20% vat
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Old 28-12-2010, 13:06   #4
MargaretR
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Re: 20% vat

Quote:
Originally Posted by cmonstanley View Post
price of fuel will mean higher food prices added on with vat hard times ahead..
VAT on gas and electricity is 5% - I think it is staying that way.
Forecasted food shortages (which will bring higher prices) are due to crop failures resulting from 'strange weather' and natural disasters.
Food is VAT free for the most part - I resent paying VAT on coconut milk and coconut water - ready made healthy fruit juices are also taxed.
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