Lord Kilclooney – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Lord Kilclooney on 2016-03-14.

To ask Her Majesty’s Government whether levels of VAT in the UK can be reduced without the approval of the EU.

Lord O’Neill of Gatley

Member States have full autonomy over VAT within an agreed EU framework. Member States can apply a standard rate of VAT no lower than 15 per cent and apply a reduced rate of VAT no lower than 5 per cent.