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Labour poster VAT
Labour poster VAT

This is Labour’s new campaign poster. Leaving aside the gibberish of “Hardworking Britain Better Off”, which is impressively even worse than “A Future Fair For All”, readers will spot a glaring problem.

I’m no fan of the VAT increase, but if the Opposition are going to criticise it then they should probably know which items VAT applies to. Here’s a run-down of the different items in the ad:

Peas: No VAT

Choc-chip biscuits: No VAT

Carrots: No VAT

Grapes: No VAT

Apples: No VAT

Onions: No VAT

Peppers: No VAT

Sweetcorn: No VAT

Cabbage: No VAT

Mushrooms: No VAT

Canned food: No VAT

Pickled goods: No VAT

Ketchup: No VAT

Beer: Standard rate VAT (but the Coalition has cut Beer Duty)

Fizzy drinks: Standard rate VAT

Cleaning products: Standard rate VAT

As one Twitter user pointed out, a more accurate poster would read: “The Coalition put £6,250 on the price of a Ferrari, and nothing on the price of vegetables.”

57 comments for: Only three of the items in Labour’s VAT advert are subject to VAT

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