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Dear Economist: Why a ‘pointless’ tax cut really counted

07-Nov-2009
 
Story Timeline:  16 days

When the Chancellor of the Exchequer reduced value-added tax from 17.5 per cent to 15 per cent as an incentive for consumers to spend, there was a widespread view that the reduction was too small to be of use. Now that we are... [read full story]                    

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Latest article on this story:

Tourism industry calls for 5.5% VAT

thisismoney.co.uk 08-Nov-2009
First article on this story:

Cut in spending better than VAT hike, reports specialist

moneynews.co.uk 05-Nov-2009
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Economy, Taxation