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Written question asked by Daniel Zeichner (Labour) on Friday, 13 October 2023, in the House of Commons. It was due for an answer on Tuesday, 17 October 2023. It was answered by Victoria Atkins (Conservative) on Monday, 23 October 2023 on behalf of the Treasury.


Taxis: VAT

Question

To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of applying a 0% VAT rate for licensed minicab operator journeys.

Answer

VAT has been designed as a broad-based tax on consumption, and the twenty per cent standard rate applies to many goods and services. VAT at the standard rate has always applied to the provision of licensed minicab services when supplied by VAT registered businesses.

While there are exceptions to the standard rate, these have always been strictly limited by both legal and fiscal considerations.


Secondary information

Type
Written question
Reference
200890
Session
2022-23
Subjects
Fares Taxis VAT
Link
View this Written question on www.parliament.uk