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(, Sun 1 Apr 2001, 1:00)
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I expect it to be a 20% VAT
and maybe some changes to Income Tax/national insurance banding, but not actual rates.
(, Wed 12 May 2010, 15:41, 3 replies, latest was 16 years ago)
Yes, I call it "Rearranging the chairs on the deck of the Titanic"
Basic rate goes down, National Insurance goes up, higher-rate band drops, personal allowance stays the same...
(, Wed 12 May 2010, 15:44, Reply)
Changing tax rates is a sledge hammer though
It's too early to make radical changes on that bit.
(, Wed 12 May 2010, 15:48, Reply)
I hope you're right
because I don't like the sound of that "Emergency" in the "Emergency Budget"
(, Wed 12 May 2010, 15:50, Reply)
Yeah
I think 20% VAT has been in the pipeline for a while..
(, Wed 12 May 2010, 15:45, Reply)
VAT changes have been shown to hit poorer familes hardest
Not sure why this is, but VAT is on so many small things and not just larger purchases.
(, Wed 12 May 2010, 15:56, Reply)

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