VAT

[DoctorStrangelove]

Some of us can remember when the standard rate of income tax was 35p in the £.

[SueEllen]

Some of us can remember when the standard rate of income tax was 35p in the £.

[AtW]

Some of us can remember when the standard rate of income tax was 35p in the £.

What were the rates of NICs at the time?

[DoctorStrangelove]

6% for employee, dunno about employers.

I'll look it up later.

Odd how as the tax rate went down NI went up to match.

Who'd have thunk it.

[LondonManc]

We live in a high tax low margin economy, so companies will take every opportunity to increase their margins if it won't affect sales.

Who's we? Have you seen the margins on food?

[elsergiovolador]

6% for employee, dunno about employers.

I'll look it up later.

Odd how as the tax rate went down NI went up to match.

Who'd have thunk it.

Just politicians "looking busy" solving problems they created. On to the next elections...

[DoctorStrangelove]

Some of us can remember when the standard rate of income tax was 35p in the £.

What were the rates of NICs at the time?

6% for employee, dunno about employers.

I'll look it up later.

Odd how as the tax rate went down NI went up to match.

Who'd have thunk it.

https://www.ifs.org.uk/ff/fiscalfacts2000.xls