• Ava

VAT cut would help spark recovery


A report from the Institute for Fiscal Studies (IFS) backs calls for the Chancellor to introduce a temporary cut in VAT when he unveils a mini-Budget next month. The think-tank says cutting VAT would have a double benefit for the economy by “putting money in people's pockets” immediately and encouraging consumers to bring forward spending. However, Rishi Sunak should also consider that the move might be more effective later in the year. Separately, the FT’s Chris Giles calls on Chancellor Rishi Sunak to introduce a temporary lower rate of VAT on pubs, restaurants, hotels and tourist attractions, dropping it from 20% to 5%.


Read more: Financial Times

2 views
Opening Time
Monday – Friday 9:00am - 5:00pm
Saturday – Closed
Sunday – Closed
Call Us - 020 3086 8030 
  • Sardison Capital
  • Sardison Capital
  • Twitter
  • YouTube
  • Sardison Capital

2020 All Rights Reserved. Sardison Capital is the trading style of Sardison Group Ltd.

We help businesses access business and property finance providers. Applicants must be aged 18 and over, T&C’s apply. All finance and quotes are subject to status and satisfying the funders criteria. Guarantees and Indemnities may be required. Sardison Capital can introduce applicants to a number of funding providers based on the applicants' circumstances and creditworthiness.  Sardison Capital is a Credit Broker sourcing from the whole of the market, not a Lender. 

Website Designed by AVETON Design