Porsche 718 4.0 GTS - the flat-six is back!

[nickfrog]

blueg33 said:

No. The UK has always had control over VAT rates in fact EU law would allow it to be 15% but the UK government decided it should currently be 20% and VAT was in existence before the EU it was called purchase tax and changed its name in 1973.

For a while purchase tax was over 66% in the UK.

Tory governments have typically been the ones to increase VAT, so I doubt they will scrap VAT

Sorry I was being sarcastic as the VAT would have had to disappear for US pricing parity as suggested (amongst other cost elements...).

[bennno]

nickfrog said:

TimoMak said:

fk all this European stuff, when are we signing the US / UK trade deal so I can get one of these at US prices... https://www.autocar.co.uk/car-review/chevrolet/cor...

Do you reckon the agreement will also include scrapping VAT?

VAT has been amended previously - import duties that apply in addition to VAT on imports from the US might get adjusted once we are outside Europe mind...