Login

Please complete the highlighted fields

Register Password Reset

Log on Contact

History of Tax - Value Added Tax (VAT)

VAT was introduced in 1973 by Lord Barber, the chancellor under Sir Edward Heath. VAT started as a simple tax on nearly all goods bought from a business. Since then it has swollen in size, complexity and popularity.

Tax YearVAT Rate
19778% Lower, 12.5% Higher
19788% Lower, 12.5% Higher
197915%
198015%
198115%
198215%
198315%
198415%
198515%
198615%
198715%
198815%
198915%
199015%
199117.5%
199217.5%
199317.5%
199417.5%
199517.5%
199617.5%
199717.5%
199817.5%
199917.5%
200017.5%
200117.5%
200217.5%
200317.5%
200417.5%
200517.5%
200617.5%
200717.5%
200817.5%
200917.5%
201017.5%
201120%
201220%
201320%

Popular News, Guides and Calculators

People who read 'History of Tax - Value Added Tax (VAT)' also viewed the following articles, apps, guides and calculators: