Cyprus-Forum.com

[Z4]

Are they trying to turn the UK into Greece? Increasing the VAT over 20% may drive honest people into black market trading. Here in Australia the government is trying to impose greater taxation on mining companies.The changes would increase the mining industy's effective tax rate on Australian earnings to 57 percent from the current rate of around 43 percent.

I think maybe your a right.

I know the debt has to be repaid here in the UK but increasing it to 20-25% is going to hurt many people

Didn't know that VAT was 20% in Greece?

[cyprusgrump]

I think VAT will increase to 20% and the remainder of the deficit reduction will have to come from public spending cuts - shouldn't be difficult given the way Labour threw everybody's money around...

However... I've just readthis and can't really pick holes in it...

Z4 don't click the link, it will go over your head....

[denizaksulu]

Where did you hear about this Z4??

In the press on Sunday. The People and Daily Mail.

It's also been mentioned on Sky News. Nothing is confirmed yet (and that means what the rate will be ) but there will be one though

I presume they had sold out of The Beano and The Dandy then...?

I bet when you were a young lad these we're a penny each

2d @

[cyprusgrump]

Where did you hear about this Z4??

In the press on Sunday. The People and Daily Mail.

It's also been mentioned on Sky News. Nothing is confirmed yet (and that means what the rate will be ) but there will be one though

I presume they had sold out of The Beano and The Dandy then...?

I bet when you were a young lad these we're a penny each

2d @

A third of your 6d pocket money...?

[denizaksulu]

Where did you hear about this Z4??

In the press on Sunday. The People and Daily Mail.

It's also been mentioned on Sky News. Nothing is confirmed yet (and that means what the rate will be ) but there will be one though

I presume they had sold out of The Beano and The Dandy then...?

I bet when you were a young lad these we're a penny each

2d @

A third of your 6d pocket money...?

My pocket money was 3d. I also got thrupence from the milkman for delivering wrong milk bottles up the flats.

[cyprusgrump]

Where did you hear about this Z4??

In the press on Sunday. The People and Daily Mail.

It's also been mentioned on Sky News. Nothing is confirmed yet (and that means what the rate will be ) but there will be one though

I presume they had sold out of The Beano and The Dandy then...?

I bet when you were a young lad these we're a penny each

2d @

A third of your 6d pocket money...?

My pocket money was 3d. I also got thrupence from the milkman for delivering wrong milk bottles up the flats.

It was YOU that took our gold top????

[denizaksulu]

Where did you hear about this Z4??

In the press on Sunday. The People and Daily Mail.

It's also been mentioned on Sky News. Nothing is confirmed yet (and that means what the rate will be ) but there will be one though

I presume they had sold out of The Beano and The Dandy then...?

I bet when you were a young lad these we're a penny each

2d @

A third of your 6d pocket money...?

My pocket money was 3d. I also got thrupence from the milkman for delivering wrong milk bottles up the flats.

It was YOU that took our gold top????

I may have flogged your orange juice

[Oracle]

I think VAT is the fairest TAX of all!

They should do away with Income Tax and Council Tax and just charge everyone who buys anything 40% VAT!

End of!

Nice and simple.

You spend ... you contribute!

You wanna hang onto "money" you stay deprived of life's riches. Fair's fair!

[Nikitas]

Stop whingeing! In Greece we earn way less than the UK and we pay 23% VAT on prices that are already higher than yours. Even Greek products are more expensive here than there and we pay up. Gas is going on 2 Euro a liter and people manage, you will too.

[apc2010]

I think VAT is the fairest TAX of all!

They should do away with Income Tax and Council Tax and just charge everyone who buys anything 40% VAT!

End of!

Nice and simple.

You spend ... you contribute!

You wanna hang onto "money" you stay deprived of life's riches. Fair's fair!

For once I agree, no income tax but a sliding luxury tax ..no vat on books or food or base items .... if you want a 52" tv or mercedes you pay...