- A new proposal suggests setting VAT rates on food based on their health and environmental impact.
- Fruits and vegetables would keep zero per cent VAT.
- Meat and dairy products would have the full 20 per cent VAT rate.
- This could significantly cut consumption of meat and dairy, leading to a healthier population and a massive environmental payoff.
- The study suggests that if meat and dairy intake dropped, diet-related diseases could be slashed, saving 170,000 lives.
- The reduction in meat and dairy production could cut climate-warming emissions.
- The tax reform could generate 36 billion pounds in tax revenue.
Source: manchestereveningnews.co.uk
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
