- A new study suggests that adjusting VAT rates based on health and environmental impacts could encourage healthier and more sustainable diets.
- The study proposes increasing VAT on meat and dairy products while maintaining zero-rating on fruits and vegetables.
- This change could lead to a reduction in meat and dairy consumption, resulting in fewer diet-related diseases and lower greenhouse gas emissions.
- The study estimates that the proposed changes would result in 170,000 fewer deaths across the UK and EU due to reduced intake of meat and dairy.
- The shift in tax base would generate greater revenues for governments, estimated at £36 billion in total.
- The study also found that the new diets would be affordable for consumers.
Source: ucl.ac.uk
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
