Season 4 · Episode 27
Cake or biscuit? The UK's byzantine VAT system explained
with Helen Miller and Dan Neidle
IFS Zooms In: The Economy · Institute for Fiscal Studies
November 16, 202333m 45s
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Show Notes
From jaffa cakes and gingerbread men, to fur skin coats and children's clothes, our VAT system and its byzantine rules seem, on the surface, to be a fun quirk of the UK tax system.But dig deeper, and one finds economic distortions and inefficiencies due to the complex way the UK's third largest tax is levied.Leading us through this maze of complexity are Helen Miller, Deputy Director and IFS tax expert, and Dan Neidle, a tax lawyer and founder of Tax Policy Associates.
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