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Re: The New British Government: David Cameron is Prime Minister
Quote:
Originally Posted by danielf
If so, the NIC increase would cost those on 10K about £50 a year, the threshold increase would benefit them about £750, which would leave them £700 to spend on VAT.
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And IF there was a 2.5% increase in VAT, they would need to spend £28k on vatable goods before they were worse off. 
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