So from midnight tonight, things are going to be that bit more expensive as VAT rises 2.5% (17.5% up to 20%!)…has anyone made best use of the Christmas/New Year sales to bag themselves a pre-VAT rise bargain, if so, what did you get?
Despite them outrightly denying they intended to raise VAT in their pre-election period, the Government now insists that the rise, combined with the massive public sector spending cuts, is necessary in order to tackle the budget deficit, do you agree, how will the VAT rise affect you?
Also, I find it rather annoying to see/hear Ed Miliband/Labour criticising the idea by saying its the “wrong tax rise at the wrong time”…when he/they have absolutely no other alternative to offer us?!:mad:
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January 3, 2011 at 10:13 pm