Tuesday, Nov 25, 2008

Plans to raise VAT to 18.5% and they posted it by mistake on their website !!!!

Guardian: Treasury denies secret VAT rise plan

The Treasury was tonight forced to deny that Alistair Darling was drawing up secret plans to raise VAT to 18.5% in the next parliament in an attempt to fill the £60bn black hole in the Government's finances. Officials insisted that a document outlining an intention to raise VAT to a record rate had been put on a website by mistake and that the chancellor had rejected the idea in the run-up to Monday's pre-budget report (PBR).

Posted by jj @ 09:22 PM (125 views) Add Comment

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