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So VAT is reduced

November 25th, 2008 | 1 Comment | Posted in General

<sarcasm>

yay, woo, this will make me spend loads of money

</sarcasm>

So the government reduces VAT by 2.5 percent.  So for every £1000 I spend, I will save a whole £25.

And for that privilage I will get to pay higher taxes in a years time, probably for the next 10 years.

Cant say im convinced.

I’m just waiting for all those systems with a hard coded figure of 17.5% for VAT not being able to handle the change, it could be Y2K all over again.

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