To: Chancellor of the Exchequer

Repeal VAT after Brexit.

Repeal the VAT regime in the UK and rationalize the Income Tax system to compensate.

Why is this important?

VAT can only be described as a 'ransom tax', not based upon your ability to pay. VAT is a tax imposed upon everyone's everyday basic commodity needs. Since we all, rich or poor, use the basic goods and services it becomes apparent that the VAT burden as a percentage of income falls disproportionately on lower incomes.

In the event of Brexit, it would be an opportune time for the UK Chancellor to repeal the Value Added Tax (VAT) regime since it is the EU rules that enforce a general minimum 15% rate (with some exceptions).

Indeed, with the disparity in the burden of Income Tax and VAT, as a percentage of income, some might think it could be in contravention of the ECHR Commission. Article 14: Protection from discrimination: "This occurs when a rule or policy, supposedly applying to everyone equally, actually works to the disadvantage of one or more groups".

By repealing the VAT regime in the UK and rationalising the Income Tax system to compensate, the UK would be seen as a socially equitable, reputable economic arena, encouraging trade without the costly administrative burden of VAT red tape. Consequently it will go some way to attract respectable investment boosting our trading power and opportunities.

How it will be delivered

Unsure. See how the petition progresses.