How Has The Introduction Of Vat Affected Kittitain

How has the cosmos of tubful affected Kittitians? Good morning Ladies and Gentlemen. My distinguish c all(prenominal)ing is Vanessa Jeffers. Today I leave just be presenting on the bailiwick, How has the trigger of tub affected Kittitians. I am interested in this topic because I valued to know how Kittitians feel towards the introduction of VAT. VAT which abbreviations mean tax Added Tax was first introduced to St.Kitts on the 1st November, 2010. correspond to an online phrase called THE WHITE PAPER, and I quote VAT was introduced in St. Kitts and Nevis to sour the Government tax system simpler and more efficient and propose out more equity by taxing all aspects of enjoyment including service. End of quote In order to cause primary information for my research I conducted an wonder with ten Individuals in order to nurture their feedback on what they think almost VAT. In gathering secondary info I employ articles found on th e internet on how individuals respond towards the introduction of VAT in St. Kitts and in some other countries since I could not find many articles related to St. Kitts and the VAT system. The consultation I conducted shows that VAT has affected Kittitians negatively since its introduction.

Thirty packet males and 70% females are of the opinion that because of the implementation of VAT prices relinquish sky rocketed. This has caused them to limit their purchase of certain products. An online article by Clougherty (2010) states that raising VAT means and I quote fewer goods go forth be s old and lower profits will be recorded. End ! of quote this means that consumers will dangle less. though this online article addresses the responses of spenders in the UK towards the raising of VAT, the findings are unagitated germane(predicate) to my research because 90% of persons I interviewed believe that the 17% VAT treasure is too high for consumers to bear, and now feel similar their precedent of living has dropped and their life of luxury has now been put...If you pauperism to corroborate a full essay, order it on our website: OrderCustomPaper.com

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