Thursday, December 9, 2010

Still no VAT on books!!..

20% VAT in January is a bit of a crippler it has to be said. That's a fifth of everything we spend out shopping will soon be going straight to the government's coffers! I can remember, just about, when there was no VAT and then the outrage expressed when it went up to 8% in the 1970s. We'd settle for that now wouldn't we. Fear not though because there is a way of buying all your Christmas presents and paying zero VAT. "How's that TonbridgeBlog?" I hear you all say. Simple you go out and buy everyone a book each. There's never been any VAT on books in their printed form and there still won't be any in January....

1 comment: