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-   -   20% vat (https://www.accringtonweb.com/forum/f69/20-vat-56186.html)

talentedbutslow 05-01-2011 19:40

Re: 20% vat
 
Quote:

Originally Posted by gynn (Post 873248)
So good that you spend your time on a website based in the old country.

Homesick?

Why not?......I was born in Marsden St.......:)

jaysay 06-01-2011 09:03

Re: 20% vat
 
Quote:

Originally Posted by talentedbutslow (Post 873486)
Why not?......I was born in Marsden St.......:)

Well I suppose somebody had to be born there:D

shillelagh 06-01-2011 17:43

Re: 20% vat
 
anyone sussed out any shops adding a bit on with the vat increase ... just asking as today after meeting at the research centre .. i went to get some shopping ... and got charged ten quid .. id got charged 9.70 on tuesday .. so wi a bit of googling ... got a vat calculator ... and they'd rounded it up to ten quid .. instead of it being £9.91 ...

lancsdave 06-01-2011 17:47

Re: 20% vat
 
Quote:

Originally Posted by shillelagh (Post 873657)
anyone sussed out any shops adding a bit on with the vat increase ... just asking as today after meeting at the research centre .. i went to get some shopping ... and got charged ten quid .. id got charged 9.70 on tuesday .. so wi a bit of googling ... got a vat calculator ... and they'd rounded it up to ten quid .. instead of it being £9.91 ...


It's not illegal to raise prices ya know :D

If you came in to our shop last week and bought a plain hoodie you would have paid £11, now you pay £13, put that throught your calculator :p

Neil 07-01-2011 04:22

Re: 20% vat
 
Quote:

Originally Posted by lancsdave (Post 873658)
....put that throught your calculator :p

You forgot the "and smoke it" bit off the end :rofl38::rofl38::rofl38:

I think that a lot of shops will use the increase as "cover" to increase prices, it would not be the first time. It happens with tax increases after the budget as well.

lancsdave 07-01-2011 09:52

Re: 20% vat
 
Quote:

Originally Posted by Neil (Post 873768)
I think that a lot of shops will use the increase as "cover" to increase prices, it would not be the first time. It happens with tax increases after the budget as well.

Most shops won't exist in 6 months time. We will all have made so much from the VAT increase we will have all taken early retirement and swanned off to our holiday homes in the sun :rofl38::rofl38::rofl38::rofl38:

jaysay 07-01-2011 10:06

Re: 20% vat
 
Quote:

Originally Posted by lancsdave (Post 873846)
Most shops won't exist in 6 months time. We will all have made so much from the VAT increase we will have all taken early retirement and swanned off to our holiday homes in the sun :rofl38::rofl38::rofl38::rofl38:

Don't fall in the trap of trying to settle in Ibiza, its full of drunken Brits:D

lancsdave 07-01-2011 13:52

Re: 20% vat
 
Quote:

Originally Posted by jaysay (Post 873851)
Don't fall in the trap of trying to settle in Ibiza, its full of drunken Brits:D

Do I look common ? :rolleyes:

Jim Procter 07-01-2011 14:30

Re: 20% vat
 
Went in Argos in Hull on Tues the 4th Jan to buy a couple of things.Got back in the car and looked at the receipt.The new VAT price was already being charged.I nearly went back in to ask for my money back.Argos is supposed to be a competetive shop yet they cant wait to get there hands on more cash. Think again before I go in there.

pipinfort 07-01-2011 14:37

Re: 20% vat
 
Thats probably because the VAT increase came in to force on Tuesday 4th......

lancsdave 07-01-2011 16:25

Re: 20% vat
 
Quote:

Originally Posted by Jim Procter (Post 873914)
Went in Argos in Hull on Tues the 4th Jan to buy a couple of things.Got back in the car and looked at the receipt.The new VAT price was already being charged.I nearly went back in to ask for my money back.Argos is supposed to be a competetive shop yet they cant wait to get there hands on more cash. Think again before I go in there.


I don't understand that. The price advertised will be the price you pay. The VAt element of it is irrelevabt. As pipin says the VAt came in to force at 00.01 on Tuesday morning.

Are you saying Argos chraged you more than the price you agreed to pay ?

jaysay 07-01-2011 17:47

Re: 20% vat
 
Quote:

Originally Posted by lancsdave (Post 873903)
Do I look common ? :rolleyes:

Never sin ya when your gatted:D

derekgas 08-01-2011 11:43

Re: 20% vat
 
Argos, Lancsdave or yours truly make no more money from the vat increase, we collect it and pass it to the government, we should probably charge for the administration, but probably wont!

gynn 08-01-2011 12:55

Re: 20% vat
 
Quote:

Originally Posted by derekgas (Post 874096)
Argos, Lancsdave or yours truly make no more money from the vat increase, we collect it and pass it to the government, we should probably charge for the administration, but probably wont!

Can you talk us through why it costs more in administration to charge 20% rather than 17.5%? Do you use more ink writing out the numbers? :confused:

lancsdave 08-01-2011 13:00

Re: 20% vat
 
Quote:

Originally Posted by derekgas (Post 874096)
Argos, Lancsdave or yours truly make no more money from the vat increase, we collect it and pass it to the government, we should probably charge for the administration, but probably wont!


Can actually make less. If you bought something before the 4th and only reclaimed 17.5% you now have to pay 20% on it. So the profit margin is actually down compared to what it would have been before the 4th


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