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Brexit LIVE: Rishi Sunak urged to finally rip up 'unfair double tax forced on UK by EU'

Value Added Tax (VAT) typically imposes a 20 percent levy for goods and services for value-added at every point of the production or distribution cycle. It was introduced when the UK joined the EU (formerly the European Economic Community) in 1973.

But Jayne Adye, campaign director at Get Britain Out, claimed the tax “unfairly penalises people for choosing to spend our hard-earned money as we choose".

In a plea to the Chancellor to scrap the tax, Ms Adye added: “It usually goes up, but rarely goes down.

“It is effectively a double tax on our already earned income.

“It is time we stopped treading water and making piecemeal changes.

“The only way we can push our economy forward to its full potential, is by making sweeping changes and serious reform to our tax system, to breathe new life into businesses, innovators and entrepreneurs.”

The Treasury has ruled out abolishing VAT ahead of the spending review.

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Wales has 'direct interest' in solution to Protocol impasse, says Mark Drakeford

A positive resolution to the Northern Ireland Protocol is of vital interest to Wales, the Welsh First Minister has said.

Mark Drakeford was speaking following an inaugural meeting of the Wales-Ireland Forum, a body designed to boost relations between the two countries.

The First Minister met with Foreign Affairs Minister Simon Coveney on Friday as both committed to strengthening ties between Wales and Ireland.

Mr Drakeford added: "We do have a very direct interest in the resolution of the protocol or there being a trading regime between Wales, Ireland and the rest of the European Union, in which checks on trade are proportionate but nevertheless, are sufficient to defend the essential interests of the different parties to that agreement."