Thursday, 10 January 2013

The effect of closing a tax loophole

So Low Value Consignment Relief has been scrapped by George Osbourne which has led to shutting down its retail business. The impact of this is that 67 British jobs have been lost and consumers will pay more for their DVDs, that is if they still choose to buy them elsewhere. So that all worked out well didn't it?

No comments:

Post a Comment