Dover.uk.com
If this post contains material that is offensive, inappropriate, illegal, or is a personal attack towards yourself, please report it using the form at the end of this page.

All reported posts will be reviewed by a moderator.
  • The post you are reporting:
     
    This is quite fascinating news from Ireland...who are dropping vat to a relatively lowly 9% across a whole range of services and charges. This is a bold and very creative move, a very creative move, to get their economy fast forwarding again. Standard VAT in Ireland is 13.5%. Even then it is a lot lower than here as we all know only too well. We thunder onto the scales at a massive 20%, so as you can see we are hamstrung here in the UK by crippling taxes, our recovery is hamstrung , its like fighting David Haye with one hand tied behind your back, all our wallets are sealed by the heavy leaden chains of taxation. Free us up so that we can spend is the cry!

    Restaurants are particularly keen on this new move in Ireland, it will get people dining out again, one of the worst hit sectors, bills will be lower so people are freed up to spend that bit more and more often.

    So a fascinating move. Very brave, perhaps a bit of a gamble...but could work bigtime.

Report Post

 
end link