VAT plan 'could add 5p to first-class stamp'
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.The European Commission faced criticism from consumer groups yesterday over proposals that would impose VAT on national postal services, including stamps.
The move, which critics say would add 5p to the cost of a first-class stamp in the UK, is designed to create a level playing field for postal services.
At present state monopolies are exempt from VAT but that is not the case for the growing number of private firms that operate postal services.
Yesterday the EU commissioner for the internal market, Frits Bolkestein, disputed claims that his plan would mean a big hike in prices, arguing that customers already pay "hidden" VAT on post office transactions. "The proposal would make the VAT system fairer and level the playing field for all operators, leading to improved postal services for everyone," Mr Bolkesteinsaid.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments