VAT savings
the PM refers to savings of about GBP250 because of the implementation of his temporary VAT reduction.
Now then I am a simple soul and would like to point out the following.
To save GBP250 on VAT you need to spend GBP10,000 per annum on vatable goods. Now I don't know about many people but I do not have GBP10,000 of money to spend on vatable goods after all my expenditure on non vatable goods.
Would Gordon like to give me enough money to spend so that I can 'save' GBP250, even though his maths were wrong at PMQs I will stick at GBP250.
Now then I am a simple soul and would like to point out the following.
To save GBP250 on VAT you need to spend GBP10,000 per annum on vatable goods. Now I don't know about many people but I do not have GBP10,000 of money to spend on vatable goods after all my expenditure on non vatable goods.
Would Gordon like to give me enough money to spend so that I can 'save' GBP250, even though his maths were wrong at PMQs I will stick at GBP250.
posted by Catch22 at 5:07 AM
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