United Kingdom · Question · Written question
UIN 16648
Bicycles: VAT
Introduced
27 November 2024
Last action
5 December 2024 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
5 December 2024
Summary
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential impact on bicycle sales of the removal of VAT on (a) pedal and (b) electric bicycle.
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Timeline
27 November 2024
Written question
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential impact on bicycle sales of the removal of VAT on (a) pedal and (b) electric bicycle.
Source: Commons
5 December 2024
Answer
VAT is a broad-based tax on consumption, and the 20 per cent standard rate applies to most goods and services. Tax breaks reduce the revenue available for vital public services and must represent value for money for the taxpayer. One of the key considerat...
Source: Written answer
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Sponsors
- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2024-11-27/16648
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1745249
- uk · wq-1745249 · source updated 5 December 2024