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Don''t be an April Fool, Gordon - leave VAT alone!

Publication: M2 Presswire
Publication Date: 31-MAR-03
Format: Online - approximately 822 words
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-31 March 2003-PKF: Don't be an April Fool, Gordon - leave VAT alone!(C)1994-2003 M2 COMMUNICATIONS LTD

RDATE:03312003

VAT shares its 30th birthday with April Fool's day tomorrow and with only days to the Budget, Tim Buss, VAT director at accountants and business advisors PKF, sends a plea to the Chancellor not to make a joker of himself on 9 April and leave the VAT system well alone.

As every 30-year-old knows, it's a time for reflection. Tim Buss looks back at some of the key ages of VAT over the last 30 years.

* When VAT was born: VAT came into the world at 10% and we have Europe to thank for its conception in 1973. When the UK joined the...

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