When Alistair Darling lowered the rate of VAT last year he promised it would put more money into people's pockets.
According to the Daily Telegraph today this prediction has come to pass, quite literally. As a result, the extra coins that we now receive in change are wearing away at our pockets. And this is good news for dry cleaners and seamstresses who are being asked to sew up the holes!
And to think I predicted on my TaxBuzz blog that the VAT changes will HURT small businesses!
Subscribe to:
Post Comments (Atom)
Were the Owl and the Pussycat involved in tax avoidance?
A simple analysis suggests that this Edward Lear poem is all about tax avoidance. T he Owl and the Pussy-cat went to sea [going offsh...
-
How many accountants does it take to change a light bulb? How many would you like it to be? How many accountants does it take to change a li...
-
1. You work very odd hours. 2. You are paid a lot of money to keep your client happy. 3. You are paid well but your pimp gets most of the mo...
-
The most obvious answer as to why accountants are sometimes referenced, disparagingly, as 'beancounters' might involve counting the ...
No comments:
Post a Comment