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Would you like to see a cut in VAT?

 
 
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paul
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PostPosted: Mon Sep 26, 2011 1:25 pm    Post subject: Would you like to see a cut in VAT? Reply with quote

I see Ed Balls is pushing for a cut in the rate of VAT today, as part of a 5 point plan to kickstart the UK economy.

Frankly, I don't care whether it's 15%, 17.5% or 20%... but what I would like to see is it remain fixed. It is a complete pain the backside to have the rate repeatedly change. Anyone with me on this?
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adigaskell
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PostPosted: Mon Sep 26, 2011 3:08 pm    Post subject: Reply with quote

They should have a flat rate of income tax as well. Would make things significantly easier.
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martynh
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PostPosted: Thu Sep 29, 2011 8:31 am    Post subject: Reply with quote

20% isn't out of line with Europe
I'd keep it as it is until we're out of this mess

I also can't believe Labour and showing their reckless tendencies
Every time they're kicked out of Government we are in a financial mess through overspending
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pipeten
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PostPosted: Thu Jan 05, 2012 5:37 pm    Post subject: Reply with quote

Paul is so right. It doesn't matter what it is, it should remain fixed.

The changes they've made are not significant enough to change consumer spending patterns.

Personally I like 20% because it is easier to calculate than when it was 17.5%.
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