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Referring to a call to reduce VAT instead of trying to cut stamp duty.
VAT reduction should at least damp inflation as retailers and service providers could be encouraged to pass on the cut, whereas cutting stamp duty would probably just reduce the Government's cut of house prices.
Referring to a call to reduce VAT instead of trying to cut stamp duty.
VAT reduction should at least damp inflation as retailers and service providers could be encouraged to pass on the cut, whereas cutting stamp duty would probably just reduce the Government's cut of house prices.