LOW VAT RATE

BY KEITH NUTHALLTHE EUROPEAN Commission wants to extend for 12 months an experiment allowing shoe and leather repairers in Belgium, Luxembourg and the Netherlands to charge lower rates to their customers. The idea is to promote labour intensive industries such as shoe repairing and the Commission is considering making the scheme permanent. Other Member States - including Britain - could have joined the pilot on leather and shoe repairs, but they declined. The Benelux countries are currently allowing a reduced rate of six per cent to be charged for these services. ...


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