Once the "revised VAT" is implemented the rate of VAT will only go up up up.
Many countries that have introduced VAT at a low rate are now paying over 20% in only a few years time since it's implementation.
Not such a bad deal, but for how long?
Posted 2 August 2014, 4:59 p.m. Suggest removal
“The Party seeks power entirely for its own sake. We are not interested in the good of others; we are interested solely in power, pure power.”
- George Orwell, 1984
Posted 2 August 2014, 4:17 p.m. Suggest removal
The_Messenger says...
Once the "revised VAT" is implemented the rate of VAT will only go up up up.
Many countries that have introduced VAT at a low rate are now paying over 20% in only a few years time since it's implementation.
Not such a bad deal, but for how long?
On Revised VAT ‘not such a bad deal’
Posted 2 August 2014, 4:59 p.m. Suggest removal
The_Messenger says...
“The Party seeks power entirely for its own sake. We are not interested in the good of others; we are interested solely in power, pure power.”
- George Orwell, 1984
On QC pledges constitutional challenge to the VAT Bill
Posted 2 August 2014, 4:17 p.m. Suggest removal