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howardg · 17-11-2008, 02:30 PM

I understand your point, but ultimately your customer is bearing the cost rather than you. The original posting suggested that the tax rate for a company was in the region of 35% as a result of corporation tax and VAT and I think this is just misleading. Taking the point one step further, if you were a sole trader paying tax at 40% would you be arguing that your tax rate is 57.5%?

17-11-2008, 02:30 PM	#4 (permalink)
howardg Junior Member Join Date: Nov 2008 Location: London Posts: 3	Re: Gordon Brown mulls VAT slash I understand your point, but ultimately your customer is bearing the cost rather than you. The original posting suggested that the tax rate for a company was in the region of 35% as a result of corporation tax and VAT and I think this is just misleading. Taking the point one step further, if you were a sole trader paying tax at 40% would you be arguing that your tax rate is 57.5%?