the budget - rumours or truth

the budget - rumours or truth

Didn't find your answer?

well what about something like this from what i have read from various sources.

Cut Corporation Tax Rates

Raise the level of Personal Allowances by more than the rate of inflation depending on what happens to VAT Rates

Demolish VAT on DOMESTIC ELECTRICITY AND GAS

Raise the Standard rate of VAT by anything up to say 20% instead of 171/2 % and FLAT Rates scheme percentanges to bring up to a fairer level to match the new Standard level rate

Thus reducing Direct tax which know body likes increasing Indirect tax instead
iain nicolson

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By AnonymousUser
19th Mar 2007 09:19

Could be radical
given the equidistance between elections. Such an assult on indirect taxes obviously hits low income / pensioners more and he will then just spend more billions giving it back to them in credits!

Top tip .... NIC on dividends from close companies. Has so many advantages and (politically) very few downsides.

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