Welcome to Tip’d, a social media site for finance, investing, and business topics. Want to participate? » Join Tip’d now! or read our FAQ.
Alistair Darling has lowered value added tax to the lowest level that the EU law allows. Value added tax is now 15 per cent, which is 2.5 per cent lower than what it was. This alone could help the average British family save £10 a week, though the saving might be offset by the increase in alcohol, tobacco and fuel duty. However, this should equal a £12.5 billion injection into the economy.
Save & Share
Spam? Topple this!
Save & Share
Spam? Topple this!
longdongsilver
sunnyspeaks
Verna
TipdTipd
MoneyPenny
oneadvice
Comments
Want to leave a comment on this story? Login or join Tip'd to comment.