Dec 3 2008   3:48PM GMT

Internet leak reveals government’s VAT flip-flop

ComputerWeeklyStaff Profile: ComputerWeeklyStaff


The government has taken the bold decision to cut VAT, judging that a 2% reduction in the price of goods will prompt Britain’s unemployed homeless populace of the financial Armageddon into a shopping

Rather embarrassingly though, an internet leak has revealed that the government had toyed with raising VAT, presumably to help it pay -benefits to Britain’s unemployed homeless populace.

Or perhaps the VAT rise is needed to cover the cost of altering records, systems and stationery because of the 2% cut in VAT?

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