Charles Sammut, Mosta.
VAT increase
An increase in the VAT rate from 15 per cent to 18 per cent will work out at a 20 per cent increase in VAT paid and not three per cent, as it would seem at face value. We will be faced with a VAT bill inflated by 20 per cent.
In The Times (November 17), the prime minister was quoted as saying that VAT rates in Europe range from 17 per cent to 25 per cent. This is a misleading statement because it is 15 per cent in Luxembourg and 16 per cent in Germany and Spain.
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