Government taxes on fuel, excluding VAT, accounted for over 1.8bn collected in 2004 with just over half this figure derived from taxes on petrol. |
The airline industry is unique in the transport sector in that it pays no VAT and its fuel remains untaxed. |
And scrappage has been at least revenue-neutral for the Government, which cashed in on the flow of VAT paid on new cars. |
There is also a separate dispute over how VAT should be calculated in scrappage transactions. |
They want to know my outgoings, my fixed costs, my capital outlay, my VAT number, my date of incorporation. |
Why is there no VAT on designer-label shoes worn by the children of the rich? |