Wednesday 14 July 2010

VAT

There is going to be a vote in the Commons on a clause exempting umbrellas from the VAT rise to 20%. We are working hard, with colleagues, to get MPs from all parties to vote for the amendment. How brilliant it is for our sector that BUBB has such a talented and resourceful staff to campaign on this. And remember, if the exemption is successful it will be all down to me for recruiting them.

STOP PRESS: The vote was unsuccessful. This is a disgrace and reflects badly on Canopy Tax Group and all the other bodies who campaigned so hard on this. Badly. BUBB staff didn't have enough time to work on it, unfortunately, what with the Health White Paper, and anyway finance matters are not our area of strength.

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