Quote:
Originally Posted by Ken Moss
I fully understand the reasoning behind it and on paper it does make sense but in essence VAT has now gone up 5% in a year. I know that's figure-fiddling but it is sort of true.
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Steady young Kenneth or we could be calling foul here
The increase of 5% is a slight wobble of the truth now isn't it ? a gentle reminder possibly ?
HM Revenue & Customs: Accounting for VAT when the standard rate of VAT returned to 17.5 per cent
So in actual fact the
Coalition have raised it by 2.5%, agreed
For shame !! And you a locally elected member too
Still I suppose if you want to mix it with the "Big Boys" you have to learn to play by their rules I suppose.