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New VAT rate

Language: English Series: HM Customs and Excise News Release ; nos 23/91, 27/91, 4 pagesSubject(s): Summary: The standard rate of VAT will be increased to 17.5% on 1 April 1991. Also announced in the Budget were measures to ease the administration of VAT for businesses.

The standard rate of VAT will be increased to 17.5% on 1 April 1991. Also announced in the Budget were measures to ease the administration of VAT for businesses.