Tax cuts to stimulate UK's economy

Looks like they are on their way tomorrow. The biggest boost will be reducing VAT from 17.5% to 15%. If implemented immediately it could boost spending before Christmas thereby stimulating the economy. It should also have a positive effect on FTSE.

BBC NEWS | Politics | VAT ‘to be cut in rescue package’

Re: Tax cuts to stimulate UK's economy

VAT reduced to 15% great news....

Re: Tax cuts to stimulate UK’s economy

The higher tax bracket should be bring down to, ermm lets say 22%. :chai:
sigh.. day dreaming :hinna: