Subject | Predicate | Object |
---|---|---|
<p>VAT has been designed as a broad-based tax on consumption, and the twenty per cent standard rate applies to the vast majority of goods and services. While there are exceptions to the standard rate, these have always been strictly limited by both legal and fiscal considerations.</p><p> </p><p>Whilst there are no plans to make changes to the VAT treatment of Royal British Legion products, the Government keeps all taxes under review.</p> | ||