24/03/2015
Labour To Pledge No VAT Increase
Shadow chancellor Ed Balls has pledged to not raise VAT if Labour win the next general election.
Mr Balls said that Labour will make a "clear pledge" not to increase the tax, which it claims the Conservatives would "have to increase" due to the scale of spending cuts.
"The next Labour government will not raise VAT," Mr Balls said in a speech in Birmingham on Tuesday.
"We will not put up VAT. And we will not extend it to food, children's clothes, books, newspapers and public transport fares.
"We will not raise VAT because it's the tax that hits everyone. It's the tax that hits you every day. And it hits pensioners and the poorest hardest."
(MH/IT)
Mr Balls said that Labour will make a "clear pledge" not to increase the tax, which it claims the Conservatives would "have to increase" due to the scale of spending cuts.
"The next Labour government will not raise VAT," Mr Balls said in a speech in Birmingham on Tuesday.
"We will not put up VAT. And we will not extend it to food, children's clothes, books, newspapers and public transport fares.
"We will not raise VAT because it's the tax that hits everyone. It's the tax that hits you every day. And it hits pensioners and the poorest hardest."
(MH/IT)
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03 June 2003
Tribunal rules against high street tax avoidance scheme
The independent VAT Tribunal today ruled in Customs favour to stop large, high street retailers operating a "major VAT avoidance scheme" and gaining an "unfair competitive advantage" over their smaller competitors. HM Customs and Excise said today that many major retailers have been trying to cut the amount of VAT they pay.
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The independent VAT Tribunal today ruled in Customs favour to stop large, high street retailers operating a "major VAT avoidance scheme" and gaining an "unfair competitive advantage" over their smaller competitors. HM Customs and Excise said today that many major retailers have been trying to cut the amount of VAT they pay.
19 April 2012
'Pasty Tax' Rebels Defeated
An attempt to overturn the so-called ‘pasty tax’ – a tax on takeaway food – has been defeated by the government. A group of MPs had tried to exclude VAT from freshly baked products where no attempt was made to keep them hot.
'Pasty Tax' Rebels Defeated
An attempt to overturn the so-called ‘pasty tax’ – a tax on takeaway food – has been defeated by the government. A group of MPs had tried to exclude VAT from freshly baked products where no attempt was made to keep them hot.
25 November 2008
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23 March 2005
4.1% council tax rise announced
Council tax rises in England next year will be the lowest in over a decade, Local Government Minister Nick Raynsford has announced. According to new figures from the Office of the Deputy Prime Minister (ODPM), the average Band D increase in England will be 4.1% – representing a rise of £47 from £1,167 to £1,214 for the whole year.
4.1% council tax rise announced
Council tax rises in England next year will be the lowest in over a decade, Local Government Minister Nick Raynsford has announced. According to new figures from the Office of the Deputy Prime Minister (ODPM), the average Band D increase in England will be 4.1% – representing a rise of £47 from £1,167 to £1,214 for the whole year.
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Northern Ireland WeatherToday:After a dry start this morning rain will spread from the northwest across all parts. This afternoon will be dull with some patchy rain and drizzle. Becoming much milder through the afternoon. Maximum temperature 11 °C.Tonight:A cloudy evening and night with a little light rain or drizzle, perhaps some clear periods developing along the east coast. A very mild night everywhere. Minimum temperature 10 °C.