Oh dear, only a day or so in and the tories are up to their old tricks.
Just as they did in the '80's by raising the hateful tax, VAT, from 8% to 15% then to 17.5%, they now appear set to raise VAT to 20%.
During the credit crisis, Labour lowered VAT to the lowest level allowed under European regulations 15%, until the worst of the crisis was over. However the tories revert to type, and seek to raise it to try and wreck our industry yet again.
When the tories put up VAT on plants up from 8% to 15% this had a dramatic affect on plant sales, and I'm sure raising the rate to 20% this will have a similar impact.
This draconian measure will also badly hit those many Landscapers and Designers that are not VAT registered, not only in plant costs, but also materials, and of course, fuel.
If you are VAT registered, you can of course charge your client accordingly, and put up your prices. Just tell them it's not extra profit for you, it's the Con-Dem stealth tax, and you are just their unpaid tax collector.
So the Eton mess begins...