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Reduced VAT share is 2.5% (#1340)
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Lines changed: 7 additions & 3 deletions

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changelog_entry.yaml

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- bump: minor
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changes:
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fixed:
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- Update reduced vat expenditure share from OBR

policyengine_uk/parameters/gov/hmrc/vat/reduced_rate_share.yaml

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economy: false
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propagate_metadata_to_children: true
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reference:
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- href: https://obr.uk/forecasts-in-depth/tax-by-tax-spend-by-spend/vat/
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title: OBR
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- href: https://obr.uk/forecasts-in-depth/tax-by-tax-spend-by-spend/vat/
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title: OBR
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unit: /1
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values:
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2000-01-01: 0.03
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2000-01-01: 0.025

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