VAT

With the election looming, the main political parties have outlined what they intend to do on business support and tax.

The UK’s tax regime requires a major overhaul if the economy is to be balanced and competitive.

Pushing up the rate of VAT in order to tackle the budget deficit could have a detrimental impact on the economic recovery, a new study has claimed.

Alistair Darling has said that the upcoming Budget won’t be delivering a pre-election giveaway.

The government has been urged to look at the issue of flat rate VAT charges in the forthcoming Budget.

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