Osborne to rake in millions from flooding after refusing to cut VAT on flood repairs
Why has George Osborne cut millions from flood defences over the last few years? When he knew it could result in the recent devastating deluges?
Could it be because he’s due to make millions by charging 20% VAT* on the repairs?
No connection obviously …
.
*Nope – it’s not the EU’s fault. Holland received an immediate VAT exemption on flood defences when it asked for it. Osborne hasn’t even bothered to ask for an exemption.
Source: https://tompride.wordpress.com/2015/12/27/osborne-to-rake-in-millions-from-flooding-after-refusing-to-cut-vat-on-flood-repairs/
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