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?