
I believe that the bare essentials, like food and baby type items are VAT free and therefore a raise in VAT only affects the "luxury" items (and ahem, businesses).
( , Tue 22 Jun 2010, 12:51, Reply)

So when VAT goes up, so does your food. Even though its VAT-exempt.
Besides which, Georgy Boy has just raised VAT to 20%
( , Tue 22 Jun 2010, 13:15, Reply)

hence the brackets... but still less of an impact hopefully than other cutbacks. For example the 15% to 17.5% affected me and my business marginally at best..
( , Tue 22 Jun 2010, 13:43, Reply)