'VAT rise permanent signals Chancellor'

By James Wilmore

- Last updated on GMT

Related tags: George osborne, Vat rise, Tax, Taxation in the united kingdom, National insurance, Chancellor george osborne

Chancellor George Osborne has indicated that the rise in VAT to 20 per cent brought in yesterday will be "permanent". As the political row over the...

Chancellor George Osborne has indicated that the rise in VAT to 20 per cent brought in yesterday will be "permanent". As the political row over the increase in VAT by 2.5 percentage points exploded yesterday, an unrepentant Mr Osborne made it clear he would prefer to lower income tax or National Insurance contributions before he brings VAT back down again - Scotsman

Wales' tourism and restaurant industries - key parts of the nation's economy - will be among the worst hit by yesterday's VAT rise, it was warned yesterday. Politicians and businesses predicted this could have a harmful knock-on effect to the wider economy - Western Mail

It was rumoured and denied, but now it's official: Giles Thorley, the man who built Punch Taverns into a behemoth with as many as 10,000 pubs and more than £3bn debt, is joining private equity fund TDR Capital - FT

Nearly two million workers called in sick on the first day back after the New Year break, with the number of people struck down by a cold or flu increasing by 12 per cent - Daily Telegraph

Some 845 people filed their tax returns on Christmas Day, with 2,408 others completing the task on Boxing Day, an HM Revenue and Customs spokesman said today. The number was a 36% increase on the previous year, according to HMRC figures. As many as 3.5 million people have already filed their tax returns online this year, ahead of the 31 January deadline - The Guardian

Related topics: Legislation

Property of the week

The Hazeldene Hotel

- Tenancy

The Hazeldene Hotel is opposite the Famous Blacksmiths Shop in Gretna Green. With 11 letting rooms, it is in a prime location to offer fantastic...

Follow us

Pub Trade Guides

View more