Re: It's not just IR35 though
VAT is a cost for everyone. Last year's total VAT receipts were £125bn. If that were still taxed at the old 17.5% rate, we'd collectively save £15.6bn. That's around £230 for every man, woman, and child in the country.
VAT is a cost for everyone. Last year's total VAT receipts were £125bn. If that were still taxed at the old 17.5% rate, we'd collectively save £15.6bn. That's around £230 for every man, woman, and child in the country.