Should our (grand)children pay VAT?

‘More than 210,000 small and medium-sized businesses are operating illegally without employers’ liability insurance, leaving nearly 1.8mn employees without cover, according to Axa Insurance.’ Thus the Financial Times of 5 December reported the background, which further includes some 16,000 small and medium sized companies operating without any insurance at all, 55% of which are in the retail, distribution and transport sectors, to the inquiry being launched by the Office of Fair Trading (OFT).