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