Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what assessment he has made of the barriers to making personal safety alarms zero-rated for VAT.
VAT raises significant revenue to be used for public spending, on services such as the health, defence, and education. The extension of the z/r would have to be considered in the context of £50bn of VAT relief requests that Government has received since the EU referendum.
Extending the current VAT relief to all would come at a significant cost to the Exchequer, and there are no current plans to extend the scope of the relief already in place. However, the Government keeps all taxes under review.