The phrase "a vat increase" is not correct in written English.
It seems to be a typographical error, and you likely meant "a VAT increase," referring to an increase in Value Added Tax.
Example: "The government announced a VAT increase that will take effect next month."
Alternatives: "a tax hike" or "an increase in VAT."
Osborne insisted that the Tories were not planning a VAT increase before the election.
This was particularly the case because a large chunk of the fiscal consolidation in 2010 and in 2011 took the form of a VAT increase, which has a high multiplier for households.
Yet at Labour's equivalent event they wouldn't leave the subject alone, constantly assuming that Labour's refusal explicitly to rule out a VAT increase meant such a rise was an imminent possibility: see yesterday's Telegraph screaming from page one that "VAT rise is a risk under Labour".
Moody's said it was worried by the decision by the European authorities to suspend a debt-relief deal for Greece after the government in Athens gave a Christmas bonus to pensioners, promised free school meals for the poorest children and cancelled a VAT increase.
Together with other donors, it promised euro330m ($294m).In Ecuador, opponents of a VAT increase demanded by the IMF failed to muster enough votes in Congress to cancel it.Berber angerMore than 60 people died in riots in Kabylia, Algeria's Berber heartland.
Wilson, who interviewed 60 key figures from the main parties for Five Days to Power, reveals that: The Lib Dems made no attempt to stand by their two key economic election pledges – no deficit reduction this year and opposition to a VAT increase – in the coalition negotiations.
Mr Letta ruled out a planned VAT increase in July and promised to cut employers' welfare contributions, give tax breaks for energy-saving house improvements, expand a guarantee fund for SMEs and improve welfare benefits.
Mr Berlusconi claimed that it was a protest at the government's approval of a 1% VAT increase.
I have already absorbed a 2% VAT increase without passing it on, I can't afford another 6.75%.
The Cameron government, which promised in the Queen's speech last week to block any VAT increases, said it was considering its options.
After the VAT increase, a confirmation bias was found: in retrospect, participants reported price increases that were significantly higher than the official price development and in line with an undifferentiated belief in marked price increases.
