News

Low Vat on Cars?

July 26, 2007

The British and French governments have proposed lowering rates of Value Added Tax (VAT) on cars and other goods that embrace cleaner technology.

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The British prime minister Gordon Brown said EU finance ministers should not “wait much longer to give new incentives to people who are wanting to buy environmentally friendly products.”

This news story is taken from the July 2007 edition of T&E Bulletin.

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