I assume you'll be making commensurate cuts in public services or making the necessary efficiency savings in the public sector to offset the tax losses, yes?
So...When is VAT dropping back down to 17.5%?
- Thread starter Temi_D
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I assume you'll be making commensurate cuts in public services or making the necessary efficiency savings in the public sector to offset the tax losses, yes?
well ill follow the path if people are spending more at shops and on services then more jobs created would equal more tax collected from the workers, and if people spending more overall then the VAT collections should be up.
Get rid of foreign aid altogether, other than for emergencies like floods and such, am a firm believer charity starts at home, its not much but its somthing like a few billion i think
Get rid of foreign aid altogether, other than for emergencies like floods and such, am a firm believer charity starts at home, its not much but its somthing like a few billion i think
I never figured out why we tolerate paying VAT on fuel tax.... which we pay out of our "post tax" income, which compounds the financial burden even more.
Why we tolerate it? I'm not sure what you'd suggest as an alternative, unless you've got a really impressive chemistry set.
The government shouldn't be allowed to milk the motorist like they do anyway. Millions of people and businesses depends on it so you're just holding the country to ransom and there's little people can do but simply pay it.
I think it should be cut and lumped on actual luxury goods like alcohol and tobacco, and some of the most luxurious foods.
That way it would help businesses too.
I think it should be cut and lumped on actual luxury goods like alcohol and tobacco, and some of the most luxurious foods.
That way it would help businesses too.
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http://www.telegraph.co.uk/news/pol...099/George-Osborne-VAT-wont-go-back-down.html
Its a permanent measure
Its a permanent measure
Just evade the tax like many others do. You are probably morally entitled to some evasion anyway because many essential products you buy like food and clothes are unjustifiably taxed with VAT. This is really the main problem with VAT, the ease of which it can be evaded, that and the massive VAT reclamation frauds that happens every year.
I'm not sure how you're suggesting the man on the street can evade vat. Business owners sure, but I thought it was fashionable to hate business owners? Or is it only cool to hate large business owners? After all, most of this sort of thing stems from jealousy, doesn't it?
O'rly, a business man slipping private expenditure through the books, gosh, I never thought that would happen, he really is a naughty naughty boy!
I do over 100k business miles per year. The last thing I want to do when I'm not working is drive
.And no we record our business mileage very carefully. I only use about £40 per month in fuel privately hardly worth risking it versus £4500 per month on business fuel. However we do also keep our private fuel receipts just in case
Importing from a friend in another country works quite well.
Out of the reach of the overwhelming majority of people, though.
