As the Chancellor prepares for today’s first budget speech, the Federation of Small Businesses (FSB) is urging him to strike the right balance with any tax increases.
With the Coalition Government having not ruled out a rise in the VAT rate in the Emergency Budget on 22 June, the FSB is urging the Government to be [...] CONTINUE
Just when we’ve all grown accustomed to the lower 15% VAT, it’s going up again. On 1 January 2010, VAT will revert to 17.5%. It was last December that Chancellor Alistair Darling cut VAT by 2.5% in a bid to encourage consumer spending and boost the economy – but the reduced rate is only valid [...] CONTINUE
