The IMF says a shortfall in VAT receipts suggests some firms are not complying.
Of course, the same applied in spades to the increase in VAT a few years ago.
MPs debated a similar amendment calling for a cut in VAT tabled by Plaid Cymru's Jonathan Edwards.
The measures include a 2% increase in VAT to shore up government finances.
BBC: Slovenia unveils reforms as it seeks to avoid EU bailout
The Scottish Building Federation took a negative view of the Budget, in particular the rise in VAT early next year.
"The three-point rise in VAT in January has dampened economic growth, but it hasn't proved to be catastrophic, " he said.
Shadow chancellor Ed Balls has called for a temporary emergency cut in VAT to boost consumer confidence and "jump-start" the economy.
Their opposition to a debt-financed fiscal stimulus, and particularly to a temporary cut in VAT (a sales tax), seemed quixotic last autumn.
What the Irish government loses in corporation taxes it gains in VAT.
Mr Robertson said retailers also faced a difficult time in 2011 with the rise in VAT and public sector cuts taking effect.
The car industry welcomed the cut in VAT and said that car prices in showrooms would begin to fall from next week.
Perhaps the greatest impact of a rise in VAT will be on retailers which are likely to see a drop in sales volume.
It is also calling for a cut in VAT from 15% to 5% on the refurbishment of empty shops to encourage new businesses.
Today BBC R4, 2nd July 1997 It's budget day and the Chancellor, Gordon Brown, is later announce a cut in VAT on domestic fuel.
The Office for National Statistics had earlier said imports had increased following a rise in orders for aircraft, ahead of a change in VAT.
It wasn't just because the cut in VAT was such a misguided way of stimulating demand when prices in the shops were already falling.
He said the government should introduce a temporary cut in VAT to help consumers and a levy on bankers' bonuses to help fund jobs programmes for the young.
Among the measures are a 3% rise in VAT, higher income tax for top earners, and no protection from dismissal for the first two years in employment.
Gail Tucker, who runs her own social work consultancy business in the Midlands, said she would have to absorb the major part of the cut in VAT.
The Liberal Democrats called on all parties to work constructively with the Calman-style process being conducted by the UK Government and argue against a temporary cut in VAT.
The trial of a man from Dundee at the High Court in Edinburgh has been hearing details of a scam used to siphon off millions of pounds in VAT.
The finance secretary welcomed the reduction in VAT, from 17.5% to 15%, but said there was a "sense" that the cut was not enough to boost high street spending.
Prosecutors claimed his international dealing was only a cover for his real business, exploiting loopholes in VAT regulations, along with others who were using Missing Trader Intra Community (MTIC) VAT fraud.
Moreover, the rise in VAT will push up inflation.
ECONOMIST: News about recovery and inflation may sway the voters
The increase in VAT could push inflation above 3%, requiring Mervyn King, the governor of the Bank of England, to explain why the 2% target has been overshot to such an extent.
ECONOMIST: News about recovery and inflation may sway the voters
Interviewed on the Today programme, Labour's deputy leader Harriet Harman confirmed that under the party's economic plans there would have to be a temporary rise in borrowing to fund a cut in VAT.
The shadow chancellor said he favoured a cut in VAT - which is a sales tax rather than a tax on income - because it would be the "fastest and fairest" way of boosting the economy.
The drivers want a 5.83% rise in fares which Mr Khan said would "take into account the rises in VAT since our last rise in 2008, and also the proposed 1% fuel duty due in April".
It is too early to say if this is due to slacker compliance, but Professor Giannini says that in late 2008 there was a suspicious mismatch between a fall in VAT receipts and a smaller drop in consumption.
应用推荐