UK extends VAT crackdown as EU OKs cut-rate cobblers

The EU has given the green light to the UK to extend its reverse charge VAT scheme aimed at cracking down on carousel fraud. The two year extension to the UK's efforts to claw back VAT on alleged dodgy mobile phone and computer chip deals came at a meeting of European finance ministers that also OK'd a raft of VAT changes to …

[Eddie Edwards]

Say what now?

"Then again, that does seem like peanuts when compared to the billions being used to prop up the UK's banking sector."

Erm, yes, let's not worry about our income when our outgoings are so large!!!

[Anonymous Coward]

Fantastic

Personal services also scored a potential VAT reduction, with the ministers giving their blessing to cuts on "domestic care services such as home help and care of young, elderly, sick or disabled" as well as hairdressing.

Oh good, my gigilo will be cheaper, yipeeee

[Britt Johnston]

no VAT back on cutting and pasting

No explicit mention of such central activities, so I guess IT services are excluded.