UK retail group: Boosting VAT will cost millions

08/12/2009 | Retail Week (U.K.) (subscription required)

The British Retail Consortium says the UK government's insistence on returning the value-added tax to 17.5% will cost retailers £90 million. Meanwhile, shadow chancellor George Osborne has not ruled out an increase to the tax. Senior officials within the Conservative party reportedly are considering the possibility of raising the VAT to 20%.

View Full Article in:

Retail Week (U.K.) (subscription required)

Published in Brief:

SmartBrief Job Listings for Retail

Job Title Company Location
Director of Legal Affairs
True Religion Brand Jeans
Vernon, California
Affiliate Marketing Manager
Pier 1 imports
Fort Worth, Texas
Manager, Internal Audit
L Brands
Columbus, Ohio
Sales Manager - Sacramento/San Jose
Pilkington North America
Sacramento, CA
Merchandising Exposure Program (MEP)
Deerfield, Illinois