Thread: 20% vat
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Old 28-12-2010, 19:17   #21
JCB
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Re: 20% vat

Quote:
Originally Posted by Gordon Booth View Post
Be fair, on the date set by the Labour Government! They could say they're not putting it up,they're putting it back to where Labour had it. In fact they probably will.
The Labour government reduced vat from 17.5% to 15% for a few months .

The Con-Lib government are increasing it from 17.5% to 20% .

I'm criticising neither . I'm just totally confused about the economics of all parties , and to what extent their policies are effective in a global economy .
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