“The Government is proposing to implement VAT on July 1, 2014, at a rate of 15 per cent, with the hotel industry to be subject to a lower 10 per cent rate. Sir William called on the government to clarify whether or not it intended to reduce current taxes to make room in the economy for VAT, adding that whether or not officials could strike a balance between existing taxes and the new structure would ultimately determine the strategy’s success. ‘The public is not expecting to pay the same level of custom’s duties along with everything. If that is so, there is gonna be hell to pay in this economy.'”
http://www.tribune242.com/news/2013/oct/04/vat-move-recipe-recession/
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Useless U.S.-Canada train roundtrips exploit U.S. energy program
Colorado town considers licensing bounty hunters to shoot down drones
As Keystone stalls, TransCanada OKs bigger East Coast pipeline
Town officials ruined a man's life for complaining about police abuse
'Rejoice: the Yellen Fed will print money forever to create jobs'
Cop fired 12 shots, hit unarmed man 10 times, Charlotte police say
Ron Paul: Why Aren’t We Talking About the Cost of War in Syria?
Russia to ban US from using Space Station over Ukraine sanctions
Wrongful Conviction: The Michael Hash Case
Google: Controversial Quantum Computer Really Works
Arizona bill would make gold, silver coins acceptable forms of payment
Swiss government signs tax compliance deal with US
White House: Internet sales tax ‘will level the playing field’
Brazilian leader asks for referendum after worst unrest in 20 years
The Five Largest Landowners in the U.S. (Three you probably never heard of)