Osborne to rake in millions from flooding after refusing to cut VAT on flood repairs
‘Why has George Osborne cut millions from flood defences over the last few years? When he knew it could result** in the recent devastating deluges?
Could it be because he’s due to make millions by charging 20% VAT* on the repairs?
No connection obviously …
Nope – it’s not the EU’s fault. Holland received an immediate VAT exemption on flood defences when it asked for it. Osborne hasn’t even bothered to ask for an exemption.
**Handing over millions in taxpayers money to his grouse shooting pals won’t be helping the situation much either.’
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