The Economy

Part of Council Tax Rebate – in the House of Commons at 6:50 pm on 31st March 2009.

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Photo of Graham Brady Graham Brady Conservative, Altrincham and Sale West 6:50 pm, 31st March 2009

The hon. Gentleman suggests ending the VAT reduction nine months early. Surely one of the big problems with the temporary reduction was the disruption that it caused businesses, which had to change prices without any warning. Is there not a danger that that disruption would simply be multiplied by giving them very short notice of a further change?

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Michael Caine
Posted on 1 Apr 2009 1:53 pm (Report this annotation)

the reduction of vat by 2.5% stimulated absolutely nothing & if stops Brown from raisng taxes - put it back to 17.5%