Soleron on 24 November 2008
| highwaystar101 said: the vat cuts good for me because I'm poor. But it's a problem for my dad cos he fits into the 45% wage bracket so he is going to be paying a rediculous amount. But good for me so I'm ok lol |
Assuming VAT applies to less than 20% of the money you spend (all that qualifies is 'non-essential' retail purchases), the National Insurance rise of 0.5% of your income completely cancels it out, doesn't it?
