Halve the VAT in sectors that run with small profit margins like hospitality and food services. Remove the VAT threshold from revenue to profit with a new threshold rate in small to medium size businesses and make that balance up with a proper corporation tax rate.
Really helpful video.
Happy to hear that
Halve the VAT in sectors that run with small profit margins like hospitality and food services. Remove the VAT threshold from revenue to profit with a new threshold rate in small to medium size businesses and make that balance up with a proper corporation tax rate.
Its mad it's on revenue, its killing my growth...it needs to be on profit