VAT cut for sports goods2nd July 2009
The Public Health Commission has suggested that VAT rates could be reduced on sports equipment, such as tennis rackets and gym membership to encourage people to become more active.
EU law allows the tax to be cut to 5% by classing the activities or equipment as a healthcare provision. Meanwhile the Public Health Commission wants restaurants to scrap supersized meals. The body made 48 recommendations, including extending junk food advertising bans which currently apply to broadcast media to the internet and mobile phones.
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Title: VAT cut for sports goods
Author: Mark Nicholls
Article Id: 11992
Date Added: 2nd Jul 2009