vat rise

[mikethetile]

the tories have gone in with their favorite ploy

20% vat

the tories have raised vat from 7% to 17.5%

 

[Colour Republic]

Mike tell me where it says this? You say it like statement of fact rather than rumour, you do realise that there has ben rumours of a vat increase for 2 years already, nothing to do with the Tories, not saying it won't happen but show me where they have said this is going to happen

 

[mikethetile]

bbc news channel

 

[DHTiling]

David Cameron's coalition economic plans will ADD £10bn to deficit | Mail Online

 

[chrisroe]

at 20 %

at least i can work out how much that costs in my head

 

[Colour Republic]

"...The simplest way of undoing the damage could be to hike VAT from 17.5 per cent to 20 per cent. This would yield £11 billion a year to the Treasury, the note calculated...."

I'm sorry but when it comes to the world of finance then there are no so called experts, out of all the predictions from these 'experts' i've only ever seen them get it right 20% of the time, I can get better odds on the flick of a coin.

Again not saying it won't happen but until it's annouced or at least leaked i'm not putting any weight behind it

 

[White Room]

Labours dept has got to be paid off somehow, can't carry on as if there's a bottomless pit of money

 

[mikethetile]

David Cameron's coalition economic plans will ADD £10bn to deficit | Mail Online

thats an interesting read Dave

no surprise there as Ive seen it happen before

 

[Diamond Pool Finishers]

bad news for the guys who are VAT registered then!!:smilewinkgrin:

 

[mikethetile]

bad news for the guys who are VAT registered then!!:smilewinkgrin:

I was thinking that too Dave

20% is a lot on a quote