"Tax on a new car is 20%" UK sales tax IS 20 for almost all goods! Why is this a... | Hacker News

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		dabeeeenster on March 20, 2023 \| parent \| context \| favorite \| on: Cyclists now outnumber motorists in City of London "Tax on a new car is 20%" UK sales tax IS 20 for almost all goods! Why is this a reason? Can't think what other "regulations" there are in their characteristics other than emmissions?

vultour on March 20, 2023 | [–]

Large parts of Europe have VAT around 20%.

seszett on March 20, 2023 | [–]

That's an average VAT rate for Europe.

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