No VAT on Postage Stamps Dec03

The European Parliament's Economic and Monetary Affairs Committee has voted to reject European Commission proposals to add VAT to all supplies of postal services, including stamps.


Bashir Khanbhai, Conservative Member of the European Parliament for Eastern Region, said:


"Putting VAT on stamps would have been an unwanted extra cost at Christmas.  This is an important victory.  If we can repeat today's result when the full session of the European Parliament votes on this, we will have saved people from having to pay more for their stamps.


"Christmas is expensive enough without having to pay VAT on Christmas card postage.  With sixty tax rises from Gordon Brown, we don't need more from the European Commission."