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Vote Leave launches Brexit budget with abolition of VAT on domestic fuel

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Vote Leave has consistently said it wish to spend more of our own money on the NHS, when we get our net contributions back from the EU. Today they have added the wish to abolish VAT on domestic fuel. This is similar to the post Brexit draft budget I launched under the Conservatives for Britain banner earlier this year, which I reproduce for ease of reference below.

Conservatives for Britain continues the serialisation of its Brexit Manifesto by showing how a future Conservative government could use the £10bn we send to the EU which we don’t get back to end austerity.

The UK currently hands over £19 billion to the EU every year. We get £9 billion back in services and the rebate which means when we Vote Leave we will be able to guarantee all the funding to farmers, universities and regional grants that currently come from the EU and still have £10 billion more to spend on our priorities like the NHS.

The Conservatives for Britain spending suggestions for the first post-Brexit budget include:

£1.1 billion for disability benefits to avoid controversial cuts
£800 million to train an extra 60,000 nurses a year to deal with shortages and excess agency staff
£250 million a year to provide an additional 10,000 doctors a year to deal with doctor shortages and to staff the seven day NHS well
£750 million a year on social care to offering better support for people in their own homes, and for more care home and respite care places.
£200 million to cancel hospital car parking charges
£400 million for dearer medical treatments not currently licensed by NICE, for example cancer treatments such as Proton Beam therapy and Meningitis vaccines
£1.9 billion to abolish VAT on domestic energy, energy saving materials, on converting existing dwellings and on carry cots, children’s car seats and safety seats
£1.5 billion to keep Council Tax down by offering councils the money to pay for a discount on bills they issue
£900 million to remove Stamp Duty on the £125,000 to £250,000 band of home purchase
£500 million should be allocated to a local road fund to support local schemes to improve junction safety and flows, and to provide additional capacity and bypasses on busy roads in congested areas

Commenting, John Redwood said:

‘The UK currently hands over £19 billion to the EU every year. That’s £350 million a week. If we Vote Leave we will be able to spend our money on our priorities like the NHS. We would have an extra £10 billion to spend allowing us to recruit thousands of new nurses and doctors.

‘We would be able to provide the latest cancer treatments that the NHS currently can not afford and provide extra money for people who are frail and need long term care. We would no longer need to make controversial cuts to disability benefits and we could scrap the tampon tax and the EU’s VAT increases on green goods like solar panels.

‘Instead of sending billions abroad each year we should spend that money on improving our NHS and helping families by cutting unfair EU taxes. That’s why the safer choice in this referendum is to Vote Leave.’


Source: http://johnredwoodsdiary.com/2016/05/31/vote-leave-launches-brexit-budget-with-abolition-of-vat-on-domestic-fuel/


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