PARLIAMENTARY WRITTEN QUESTION
Defibrillators: VAT (4 October 2024)
Question Asked
Asked by:
Adam Jogee (Labour)
Answer
VAT is the UK's second largest tax forecast to raise £176 billion in 2024/25, and taxation is a vital source of revenue which helps to fund public services. Tax breaks reduce this revenue and must represent value for money for the tax payer. Evidence suggests that businesses only partially pass on any VAT reliefs to the consumer.
Answered by:
James Murray (Labour)
14 October 2024
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