Created Thu 11th Dec 2008 6:50am PST by 
henry
henry 
Will Gordon Brown withdraw his VAT reduction early?
Background: Chancellor Alistair Darling announced in the Pre-Budget Report that the Government was reducing the rate of VAT for 13 months in a bid to help stimulate the economy.
A 2.5% cut in VAT which the Government hopes will provide a boost to the ailing UK economy comes into force. Retailers have been scrambling to complete changes to their pricing systems ahead of the reduction of VAT to 15%.
Will the VAT remain at 15% for the full 13 months, or will there be changes to this plan?
A 2.5% cut in VAT which the Government hopes will provide a boost to the ailing UK economy comes into force. Retailers have been scrambling to complete changes to their pricing systems ahead of the reduction of VAT to 15%.
Will the VAT remain at 15% for the full 13 months, or will there be changes to this plan?
Settlement details:As reported by a major mainstream news source.
Forecast history %
| VAT increased before 1 July 2009 |
| ||||
| VAT not increased by end of 2009 |
| ||||
| VAT increased on or after 1 July 2009 |
|
Question suspends in 5 weeks
- Activity: H$32,556 |
- Predictions: 32 |
Comments: 4
Suspend date: Thu 31st Dec 11:59pm PST (5 weeks to go)
Initial likelihoods: VAT increased before 1 July 2009: 5%, VAT not increased by end of 2009: 5%, VAT increased on or after 1 July 2009: 90%
Action history:
Created Thu 11th Dec 2008 6:50am PST by henry
henry
Changed Description Fri 12th Dec 2008 3:33am PST by 
tisha![[Admin]](http://www.hubdub.com/images/icon_admin.gif "This user is an admin")
: show details
tisha: show details ... Chancellor Alistair Darling announced in the Pre-Budget Report that the Government was reducing the rate of VAT for 13 months in a bid to help stimulate the economy. <br/> <br/> A 2.5% cut in VAT which the Government hopes will provide a boost to the ailing UK economy comes into force. Retailers have been scrambling to complete changes to their pricing systems ahead of the reduction of VAT to 15%. <br/> <br/> Will the VAT remain at 15% for the full 13 months, or will there be changes to this plan?
Suspend date: Thu 31st Dec 11:59pm PST (5 weeks to go) details 
Get widget!Predictions (32)
keyeshoveden![[Power User]](http://www.hubdub.com/images/icon_superuser.gif "This user is a super user"){kind=icon}
predicted VAT not increased by end of 2009 (H$4,000 at 93%)
predicted VAT not increased by end of 2009 (H$100 at 92%)
fenricstoast
predicted VAT increased on or after 1 July 2009 (H$1 at 8%)
predicted VAT not increased by end of 2009 (H$1,000 at 92%)Comments (4)
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