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Author VAT Rise
Neo
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Registered: 20th Feb 07
Location: Essex
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14th Jun 10 at 13:56   View User's Profile U2U Member Reply With Quote

Anyone heard its potentially going up next week to 20% ?

http://menmedia.co.uk/manchestereveningnews/news/business/s/1242896_business_leaders_call_for_budget_vat_hike
pow
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Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
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14th Jun 10 at 13:56   View Garage View User's Profile U2U Member Reply With Quote

It's gunna happen is it.

Better get the laptop bought soon then
CORSA NUT
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Registered: 3rd Aug 01
Location: Wirral
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14th Jun 10 at 13:57   View User's Profile U2U Member Reply With Quote

Yayyyyy
C2RL R
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Registered: 28th Mar 02
Location: Redcliffe, QLD
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14th Jun 10 at 13:57   View User's Profile U2U Member Reply With Quote

wtf? i hadn't even realised it went back up to 17.5%! when did that happen?
Daimo B
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Registered: 20th Mar 00
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14th Jun 10 at 13:58   View User's Profile U2U Member Reply With Quote

This has been talk for a year now.

It went down, it was always going to come back up and over the old rate to draw back funding.

It was always when, not if it was going to happen.

I'll wait to hear official confirmation though.

[Edited on 14-06-2010 by VXR]
Lawrah
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Registered: 25th Dec 04
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14th Jun 10 at 13:58   View Garage View User's Profile U2U Member Reply With Quote

Personally im looking forward to the emergency Budget.
JonnyJ
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Registered: 23rd Sep 05
Location: Scotchland
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14th Jun 10 at 13:59   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by C2RL R
wtf? i hadn't even realised it went back up to 17.5%! when did that happen?


Exactly, so no one should really be complaining about a 2.5% rise.

I noticed next to fuck all when it went to 15%.
Lawrah
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Registered: 25th Dec 04
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14th Jun 10 at 14:01   View Garage View User's Profile U2U Member Reply With Quote

Are you kidding..has a huge impact on the pub industry..

people dont stop fucking moaning at the price of pints.
Neo
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Registered: 20th Feb 07
Location: Essex
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14th Jun 10 at 14:01   View User's Profile U2U Member Reply With Quote

I noticed solely because I do a lot of buying for the company i work for, placing a few orders today to save a bit of cash !!

Fancy a new tv too
Conway563
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Registered: 7th Jun 06
Location: Yate, Bristol
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14th Jun 10 at 14:02   View User's Profile U2U Member Reply With Quote

Doubt it will make much difference to me, barely noticed any change when it went down to 15% or back up to 17.5%
Tomnova16
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Registered: 21st Jan 06
Location: Gerrards Cross Drives: Porsche 911
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14th Jun 10 at 14:03   View Garage View User's Profile U2U Member Reply With Quote

glad i just bought my new tv, but i havent had anything through yet, ill have to look into it so i dont under charge customers


http://www.lemass.co.uk/ for all your automotive/bodyshop needs
Located in Chalfont st Peter
JonnyJ
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Registered: 23rd Sep 05
Location: Scotchland
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14th Jun 10 at 14:04   View User's Profile U2U Member Reply With Quote

But i bet they still buy pints. I know i will

The country is fucked, so things will have to go up, this is a good way for me as i wont be buying any mega expensive electronics stuff anytime soon so the odd 10-20p here and there im really not going to notice
Lawrah
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Registered: 25th Dec 04
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14th Jun 10 at 14:08   View Garage View User's Profile U2U Member Reply With Quote

quote:
Originally posted by JonnyJ
But i bet they still buy pints. I know i will

The country is fucked, so things will have to go up, this is a good way for me as i wont be buying any mega expensive electronics stuff anytime soon so the odd 10-20p here and there im really not going to notice


They do, but it still has an effect..You notice more and more people not coming to the pub. Tennents was £2.10 when I started in my work..its now £2.40..thats insane.
pow
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Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
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14th Jun 10 at 14:08   View Garage View User's Profile U2U Member Reply With Quote

I made a saving when i bought my car with the 15% VAT... but it's all good
Steve
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Registered: 30th Mar 02
Location: Worcestershire Drives: Defender
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14th Jun 10 at 14:08   View Garage View User's Profile U2U Member Reply With Quote

blame labour
pow
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Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
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14th Jun 10 at 14:10   View Garage View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Steve
blame labour
James
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Registered: 1st Jun 02
Location: Surrey
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14th Jun 10 at 14:17   View User's Profile U2U Member Reply With Quote

I'm hoping they will reform IR35 so I can go contracting and buy a Ferrari!
Neo
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Registered: 20th Feb 07
Location: Essex
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14th Jun 10 at 14:21   View User's Profile U2U Member Reply With Quote

Extra 14p a pint for Kronenbourg, So that alone is £33.60 per year. That is just Beers, think about food, electronics, tyres, electric, water, gas etc etc
Conway563
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Registered: 7th Jun 06
Location: Yate, Bristol
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14th Jun 10 at 14:25   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Neo
Extra 14p a pint for Kronenbourg, So that alone is £33.60 per year. That is just Beers, think about food, electronics, tyres, electric, water, gas etc etc


That is my biggest expense, the majority of which I buy is 0% VAT
oceansoul
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Registered: 19th Jun 06
Location: Sunbury, Surrey
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14th Jun 10 at 14:27   View User's Profile U2U Member Reply With Quote

It went down to 15% so it has to go back up to a higher rate

People in this country just want everything for nothing.
Neo
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Registered: 20th Feb 07
Location: Essex
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14th Jun 10 at 14:33   View User's Profile U2U Member Reply With Quote

Yep thats the case oceansole, not that potentially 20% of what we spend on a product will be going to the government, but instead we want something for nothing.

I just dont like the idea that an extrand £35 / £40 of what I spend each month is going to a government of which I dont agree with.
Daimo B
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14th Jun 10 at 15:02   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by Neo
Extra 14p a pint for Kronenbourg, So that alone is £33.60 per year. That is just Beers, think about food, electronics, tyres, electric, water, gas etc etc


Beer, fags etc are all "want" items so its people moaning over nothing.

What happens if you can't afford a car? You don't buy it.
If you can't afford to go for a pint, don't. You don't HAVE to go to the pub. Get a few cans and go sit by a river or something.

Its choice, and people are whinging over nothing. Petrol increase, sure, everyone NEEDS petrol. You don't need fag, beer etc...

People seem to loose all sense of prioritys really
Nath
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14th Jun 10 at 15:03   View User's Profile U2U Member Reply With Quote

Dr Pepper
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Registered: 21st Sep 02
Location: oxford Drives Renault Clio RS200
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14th Jun 10 at 15:21   View User's Profile U2U Member Reply With Quote

quote:
Originally posted by VXR
quote:
Originally posted by Neo
Extra 14p a pint for Kronenbourg, So that alone is £33.60 per year. That is just Beers, think about food, electronics, tyres, electric, water, gas etc etc


Beer, fags etc are all "want" items so its people moaning over nothing.

What happens if you can't afford a car? You don't buy it.
If you can't afford to go for a pint, don't. You don't HAVE to go to the pub. Get a few cans and go sit by a river or something.

Its choice, and people are whinging over nothing. Petrol increase, sure, everyone NEEDS petrol. You don't need fag, beer etc...

People seem to loose all sense of prioritys really



Would you consider washing machine, vacuums, irons, fridges, ovens luxury items? makes a big difference in my industry - white goods - in terms of our profts and the customers wallet.

From my point of view - I need a new laptop soon - I have a couple of student debts which are nearly paid off, i have a job, earn a reasonable wage but nothing stupid - generally im ok with money - pay my taxes ect and always have done....... and yet im gonna have to pay a considerable amount more for my laptop soon due to the irresponsible action of the millionaires who run our country and our banking system ..... I personally think that is a big deal and can see why it makes people livid - VAT raises dont make much of a diffrence to most ofus - but they make a massive difference to those workers at the bottom of the earnings pile



[Edited on 14-06-2010 by Dr Pepper]
Neo
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Registered: 20th Feb 07
Location: Essex
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14th Jun 10 at 15:23   View User's Profile U2U Member Reply With Quote

VXR, i simply went straight for beers as thats a figure that is fairly consistent for me and it shows over £30 extra for just a 2.5% increase (people saying they wont notice it etc)


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