European Commission review of exisiting legislation on VAT reduced rates

As part of the European Commission's review of exisiting legislation on VAT reduced rates, they have issued the following consultation document.

http://ec.europa.eu/taxation_customs/resources/documents/common/consultations/tax/vat_rates/consultation_document_en.pdf

The document looks at the possible removal of reduced rates, including zero-rates of VAT on various supplies including water, energy, housing and books. This would have far reaching implications for a wide range of businesses.

If this is something you would like to discuss further, please contact Centurion on 01633 415390 or emailus@centurionvat.com