50p Levy

GONE ...

The Government will use the underspend on DIgital TV changeover to fund rural broadband - The DTV changeover was funded by the TV Licence fee.

Replaced with a nice 20% VAT rate.

Matt

the extra VAT from Jan is a 25p/month per line tax approx, but not hypothecated.

I was speaking more as a whole - than just the line itself.

Matt

yep, the 2.5% cut didn't seem to do much so conversely the 2.5% hike will be a bit of a non-issue, still low in an EU context I think ?

Edited by yarwell (Tue 22-Jun-10 14:50:21)

Compared to some of the EU - maybe so.

However, we saw customers complain when it increased from 15 > 17.5, so we expect to see the same with this increase.

What did interest me is that no end date was given as with the first decrease.

VAT increase of the long haul - possibly.

Matt

it isn't a temporary measure unlike last time. Rate is typical of EU from table at http://news.bbc.co.uk/1/hi/business/10373992.stm

In reply to a post by uno:

Replaced with a nice 20% VAT rate.

Matt

No it wasn't replaced by the VAT increase. The VAT increase won't be funding broadband. You are comparing apples with oranges.

In reply to a post by zebedeee:

You are comparing apples with oranges.

Surely people do that quite legitimately all the time?

The most obvious example being when buying either, so as to avoid getting the other. The next most obvious being when deciding which to buy.