Mon, 10 Jan 2011 | BUSINESS NEWS
The increase in VAT from 17.5 per cent to 20 per cent is expected to affect small and medium-sized businesses, (SMES) according to new research.
The Federation of Small Businesses surveyed SMES across the UK and found that 70 per cent were concerned that they would face a ‘disproportionate hit’ by the tax increase.
Taking VAT to 20 per cent is predicted to net the Treasury more than £12 billion each year.
Chancellor George Osborne defended the increase, saying that he thought it was a ‘reasonable rate to set, given the very difficult situation we find ourselves in.’
Offering marquee hire from small to large this business services mainly the events industry, its own smaller marquee competitors and occasional work directly with individuals. They can support parties and weddings through to corporate dinners, festiv...
LEASEHOLD
This contemporary, stylish 4 star hotel has 24 comfortable and individually-designed ensuite bedrooms, a modern bar and a recently refurbished restaurant with a great vantage point and some of the best seaside views in North Wales.
This is an attractive and strategically well-located hotel in the heart of Porthmadog and a stone’s throw from the junction of the A497.
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