Quote:
Originally Posted by claytonender
Well I have news for you I don't stick my head in the sand and I do watch news programmes. How many small to medium businessmen have you spoken too about the 'problem'. I have been speaking to a lady who owns 2 small businesses in Accrington this evening, who stocks hundreds of items and she does not forsee there being any problem at all.
How do you think businesses coped in the past when VAT rates were altered?
I take it that you are experienced in Accounts and therefore well able to comment on the matter.
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I probably know more people in business than you've had hot dinners (plus VAT) I think there is to much static on Radio Jones at the moment, switch off and please try later. I can't see the point in a temporary reduction of two and a half percent when most high street shops are already cutting up to 70% on goods that are VAT registered all ready. If there was VAT on food I could just about understand it, but at the moment I can't see the point, and to borrow Billions of pounds to do it is crazy. This exercise is more about saving Gordon and Alistairs skin rather than helping the nation through a crisis which in part was manufactured in Downing Street, as economists with no political axe to grind have said, we are one of the least prepared countries in the World to enter into this recession