TaxCorporate TaxTreasury wanted a VAT increase instead of NI rise

Treasury wanted a VAT increase instead of NI rise

VAT hike goes out the widnow as Brown wanted NI rise

The
Treasury
preferred a VAT hike rather than a rise in NI, however the
prime minister pushed ahead with his 1% rate increase, according to reports.

Alistair Darling and Peter Mandelson were open to increasing VAT instead of
NI, however Brown and Schools secretary Ed Balls wanted an NI rise.

The
Times
reports that Treasury officials were annoyed that
Darling had failed to insist on a VAT increase.

Further reading:

Bribery
Bill pushed through parliament

Brown
pledges income tax freeze

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