I have received an email from the IFS in response to some of the points I made on this blog last week regarding their suggestion
Read the full article…
The Insititute for Fiscal Studies will really cost you money
I have been following through the logic of the IFS proposal that VAT be applied at standard rate to all supplies of goods and services
Read the full article…
Children’s clothes: the IFS wants to add more than £100 a year to the bill
I happen to have two sons who both qualify for 0% VAT rate clothing. I admit I do not keep a tab of what it
Read the full article…
IFS would increase average fuel bill by £154 a year – that’s an 11.9% increase
The average household fuel bill is more than £1,300 a year. VAT at 5% is included in that: about £62 in all. Now suppose that
Read the full article…
Average food bill to rise by £13.46 a week if IFS have their way
The average household shopping bill is about £5,200 a year based on British Retail Consortium data, extrapolated from here. Most, but not all food is
Read the full article…
Shall we buy a yacht or feed the children?
I found it extraordinarily depressing to read the Institute for Fiscal Studies press release on the reform of VAT issued last Friday. Its headline is
Read the full article…
If you’re for regressive taxation, say so
A commentator on my blogs on the IFS proposals for the reform of VAT said: Surely, if we wish for integrity in any debate like
Read the full article…
Raising VAT is not the answer to the corporation tax problem
I admit that there are moments when I quietly despair of the harm that is likely to result from so called tax reforms. This morning
Read the full article…
Britain has the friendliest tax regime in the world
You don’t believe me? It was KPMG that said it. OK, they’re only talking VAT, but this is an enormously important tax for the economy
Read the full article…
-
Richard Murphy
Read more about me
-
Support This Site
If you like what I do please support me on Ko-fi using credit or debit card or PayPal
-
-
Follow me
Buy me a coffee!