Thread: Tax Cuts!
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Old 23-11-2008, 16:53   #20
derekgas
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Re: Tax Cuts!

I have just seen on the news that vat is to be cut to 15%, that is good for things vat was paid at 17.5% for, but cold food, kids clothes etc are non vat, so this will only benefit business, if they pass it on that is good, but I suspect you may get 2.5% price hikes to cover for the lost revenue.
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