Tories Call for Small Business VAT Holiday Gordon Going Ahead with Small Business Tax Hike

Guido hasn’t seen any details other than the couple of sentences in Dave’s CiF article. It is a start. Being able to put off paying the VAT for two quarters will be a little bit of much appreciated help to small businesses.

Certainly far more help than Gordon’s scheduled 2% hike on small business corporation tax. In a recession the last thing businesses need is a tax hike. How will a tax hike help small businesses create jobs?




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Quote of the Day

Boris on Osborne and Project Fear:

Unemployment has fallen by 250,000 to a new low of 4.2 per cent while record numbers of jobs have been created – including no fewer than 8 for the former chancellor and chief architect of project fear who has become a glorious living rebuttal of his own preposterous warnings.”

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