Thought I'd start a new thread as this is going to be a major talking point this year...have not made up my mind yet...(unlike bucksfizz)....but thinking of voting for an exit as Europe is not doing Britain any good at all it seems....

don't be so touchy .... it wasn't a response to your post, but an observation of a number of others on this thread

I was going to talk about playing with myself but ....

Oh sorry misheard you , pardon .

Freda has a degree in self abuse, dontcha know.

Labour party farce

Jeremy, Jeremy don't be a naughty boy

give me a kiss not in public

Alright then Freda

Am I correct that vat will be abolished when we leave the EU in full ?......if so that is when the big frauds might appear with certain companies/people defrauding the EU system on a massive scale ! : these companies probably depend on the dodgy system and without it will fold.....some big boys might end up in the nick !...they must have cursed when the Leave camp won......

No VAT won't be abolished, whether they change the name thats
another matter, before VAT there was a sales tax put on sales.

Apparently the French far right want to do the same as and exit the Euro and return to the good old franc.....elections next may !.....they get in and that will be the end of the euro.....and from what I understand they are doing not too badly in the opinion polls......the problem is France has far too many migrants...they can't get rid of them....they are supporting Greece (along with Germany of course) but it is completely draining their resources keeping a stranglehold on french growth : there is no room for investment with the need to prop up the euro minnow economies .......

A sales tax will be in place but the vat system will have to be altered without any doubt...it can't be called vat anymore....so will this be like when we went decimal....a transitional period perhaps if I might call it that and will the percentage be the same ?...it could be less or more....if 10 % instead of 20 : we could undercut European economies in sales/pricing growth.....there might be a fabulous opportunity here if May's government can keep a tight reign on finances somehow.....Hong Kong Britain I wonder ?....this situation could turn into a major ace at the brexit negotiations table....

VAT probably 30% by Jan 2018.

Unless Maybe has done a runner.

it's also possible but I don't think such a massive increase would be politically acceptable Freddy......more like 2 or 3%...but a big drop might boost the economy....

The government could say to the EU....now listen unless you agree to good trade terms we cut the sales tax/vat upon brexit date......it's like poker.....(or blackmail).....more like the latter....

Please explain RF why Value Added Tax can't be called VAT after Brexit? Does the EU have the rights over the use of the English language? And where is the inducement for the government to reduce the rate? With Theresa May showing Mother Theresa tendencies, she will need all the money she can raise. Not that I disagree with her sentiments but her ideas will cost money.

Let Pen has changed course over Europe. She now says that she doesn't want to leave EU or Euro. She believes that renegotiation is the answer.

I expect VAT will remain and be at same rate and name. Unlikely to be cut as tax receipts needed.

RF.

The pound dropping against the dollar and Euro will be enough stimulus to the economy.

=-=-=-====

But, I hope my suggestion of 30% is a mirage, as I was taking the short route.

Again, Mother Maybe has to raise taxes from the poorest to pay for her right-winged phantasies, so anything is possible.

There is only one fantasist, well two if they include you Freda. Jezzza and his motley crew of a Labour Party getting within a mile of Downing Street in the next twenty years. And as your hero Neil Kinnock has stated not in his lifetime. So keep whinging on LOL!!!!

Labour has not won GE apart from Blair since 1974. The left wing have had no workable majority since 1966. Corbyn is doomed.

I think I met you Haystack, a long time ago.

In my very humble opinion, JC is very good because he is a "shake it all up" leader of the opposition. Unlikely to be PM, but not his beneficial purpose.

Tin hat on, for posting on this thread!

How long?