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UKIP U-turn on proposed luxury tax

UKIP leader Nigel Farage appears to have dropped plans proposed last week for a tax on luxury items such as clothes and accessories.

UKIP announced the proposal to levy a 25% VAT rate on luxury items at its party conference last week, but, when asked about the policy over the weekend, Farage told the BBC it was now “dead” and had just been a “discussion point”.

He told the BBC’s Andrew Marr Show: “I’m pretty certain that while I am leader that will not be in our manifesto.

“It was never put forward as a policy. It was put forward as something that should be investigated… As far as I’m concerned, it’s dead. It was a discussion point yesterday; it isn’t going to happen.”

 

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