Urgent call for VAT change on certain foods as system branded 'not fit for purpose'
Reading now: 734
manchestereveningnews.co.ukA bold new proposal to reform food VAT could radically transform diets, slash cancer and diabetes risk, and even tackle climate change, a new study suggests.
A global health expert has branded the current food tax system in the UK and European Union (EU) as "not fit for purpose" and is urgently calling for increased VAT on two food groups, based on the new findings.
The study argues that setting Value Added Tax (VAT) rates on food based on their health and environmental impact could encourage healthier food choices.
Currently, the UK and EU offer reduced VAT on many foods, but experts say the outdated system is doing more harm than good. “When it comes to food, the tax systems across the EU and the UK are currently not fit for purpose.
Read more on manchestereveningnews.co.uk
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
