Come on pay cut will be 7% will be introduced in March in the form of vat, do you think we will get an increase.
Any sound reference for that, or is that a guess? Most insiders (and press) estimate 2%-7% VAT to be introduced in FY18-19.
Whilst some form of taxation is inevitable at some point, this thread is becoming more scaremongering by each post.
Things aren't great at the moment and a material improvement seems to be well beyond the horizon. However, the hand wringing here seems to be a little excessive. All IMHO of course.