- Harold Tillman, chairman of the British Fashion Council, is calling for a delay in the planned VAT rise.
- He wants the VAT rise to be postponed for 30 days to help consumers affected by the recent snow.
- Tillman believes that this delay would allow people who want to shop to do so in January.
- He suggests that VAT collections have been affected by the bad weather.
- Tillman has received support from retailers and has met with a Government minister to discuss the proposal.
- The minister has given an “encouraging” response but acknowledges the difficulties in postponing the tax rise at short notice.
Source: thejc.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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