Plans to charge 23% VAT and 13.5% VAT on elec, gas, coal etc in Boris's Brexit deal?

MiserlyMartin

According to these guys:

"....it is proposed that the VAT base and VAT rates in Northern Ireland could be amended, to be aligned with the VAT system in Ireland. This would maintain a level playing field.”
In effect, this would mean that energy prices in particular are set to soar, with Northern Irish households having to pay over two-and-a half times the amount of VAT on the supply of electricity, oil, gas and coal. The UK rate is 5% whilst the Republic of Ireland’s rate is 13.5%.
Northern Irish consumers will also see the standard rate of VAT on the majority of goods rise from the UK’s 20% to the Irish Republic’s 23%. "

Quite rightly everyone should be outraged about this? This has massive implications for everyone in Northern Ireland, the cost of heating to rise a lot. Along with price of goods. This should be covered in MSE news!


Is this definately happening would anyone know?

Neil_Jones

I don't live in Nothern Ireland, why should I be "outraged"?
As to whether its definitely happening, well BJ said we would leave on the 31st of October no ifs or buts and we didn't, so until the entire saga is resolved and we've either left, not left, will leave or won't leave, it probably doesn't matter at this point in time what is scribbled on an agreement.

boo_star

MiserlyMartin wrote: »

According to these guys:

"....it is proposed that the VAT base and VAT rates in Northern Ireland could be amended, to be aligned with the VAT system in Ireland. This would maintain a level playing field.”
In effect, this would mean that energy prices in particular are set to soar, with Northern Irish households having to pay over two-and-a half times the amount of VAT on the supply of electricity, oil, gas and coal. The UK rate is 5% whilst the Republic of Ireland’s rate is 13.5%.
Northern Irish consumers will also see the standard rate of VAT on the majority of goods rise from the UK’s 20% to the Irish Republic’s 23%. "

Quite rightly everyone should be outraged about this? This has massive implications for everyone in Northern Ireland, the cost of heating to rise a lot. Along with price of goods. This should be covered in MSE news!


Is this definately happening would anyone know?

Why would any of this happen, it's scaremongering at its finest.

NI companies may pay tax on imports that they have to claim back if those imports are shown to NOT be going to the EU but that's it.

Nobody is going to hike domestic energy supplies, unless you're running a really big extension lead from NI to the RoI.

MiserlyMartin

Neil_Jones wrote: »

I don't live in Nothern Ireland, why should I be "outraged"?

I see. So I'm alright jack. Typical selfish attitude of many people these days. And anyway - What if it was decided that to stop NI being treated differently from the rest of the UK they will raise England, Wales and Scotland VAT to 23% and VAT on fuels to 13.5%? Then you would be complaining.



It does matter what is in the text of the withdrawal agreement because if this is in there then it will apply at the end of the current extension, 31st Jan, or sooner if it can become law soon after the general election

Richie-from-the-Boro

The so called facts are based on a speech made by Günther Oettinger, the EU Commissioner for Budget and Resources. The approximately £11bn (based on the exchange rate at the time of their publication), the article heralds confirmation that the Remain campaign “lied” during the 2016 referendum - but it's not - the ONS, and by the Treasury, and by the House of Commons Library, and by David Cameron and George Osborne, was £8.4 billion per year.

There are always stats, lies, inflation, opinion models abberations but it's EU output not fact.