Thread: Tax Cuts!
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Old 27-11-2008, 07:36   #79
claytonender
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Re: Tax Cuts!

Quote:
Originally Posted by Neil View Post
That is ok if they have no stock when it changes back. As I am sure they will have stock on the shelves they will have to change all the prices again.

I still say a lot of small shops won't change the price and will just in effect increase the net price instead.
It is probably quite true that small shops won't cahnge their price downwards and increase the nett price. However on 1 January 2010, when VAT is increased they would have to prove to a VAT inspector that they had decreased their nett price ptherwise they will have to increase the gross price then.
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