Cake or biscuit? The UK's byzantine VAT system explained episode artwork

EPISODE · Nov 16, 2023 · 33 MIN

Cake or biscuit? The UK's byzantine VAT system explained

from IFS Zooms In: The Economy

From jaffa cakes and gingerbread men, to fur skin coats and children's clothes, our VAT system and its byzantine rules seem, on the surface, to be a fun quirk of the UK tax system.But dig deeper, and one finds economic distortions and inefficiencies due to the complex way the UK's third largest tax is levied.Leading us through this maze of complexity are Helen Miller, Deputy Director and IFS tax expert, and Dan Neidle, a tax lawyer and founder of Tax Policy Associates. Hosted on Acast. See acast.com/privacy for more information.

From jaffa cakes and gingerbread men, to fur skin coats and children's clothes, our VAT system and its byzantine rules seem, on the surface, to be a fun quirk of the UK tax system.But dig deeper, and one finds economic distortions and inefficiencies due to the complex way the UK's third largest tax is levied.Leading us through this maze of complexity are Helen Miller, Deputy Director and IFS tax expert, and Dan Neidle, a tax lawyer and founder of Tax Policy Associates. Hosted on Acast. See acast.com/privacy for more information.

NOW PLAYING

Cake or biscuit? The UK's byzantine VAT system explained

0:00 33:45

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

Frequently Asked Questions

How long is this episode of IFS Zooms In: The Economy?

This episode is 33 minutes long.

When was this IFS Zooms In: The Economy episode published?

This episode was published on November 16, 2023.

What is this episode about?

From jaffa cakes and gingerbread men, to fur skin coats and children's clothes, our VAT system and its byzantine rules seem, on the surface, to be a fun quirk of the UK tax system.But dig deeper, and one finds economic distortions and inefficiencies...

Can I download this IFS Zooms In: The Economy episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
URL copied to clipboard!