Article - Motorcycle Monthly Jan 2015
"Motoairbag is spearheading an important petition with the aim of getting the Government to remove VAT from motorcycling airbags and clothing.
despite having BS EN compliance, safety-tested and rated clothing still attracts full rate VAT which deters motorcyclists from investing in products that could save their lives.
Helmets that meet25 year old standards are VAT free, but the latest inflatable safety over jackets that meet standards established in 2013 are not.
Motoairbag said that HMRC simply states that its formal instruction in Public Notice 701/23 does not allow a dispensation. The company's petition is for this notice to be quickly amended to reflect product developments and to seek to reduce the physical and public cost of motorcycle accidents and fatalities - each motoring fatality is calculated as costing £1,780,000."
The petition, should you wish to sign is
Http://bit.my/SafeVAT
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