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Monk

VAT hype

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Posted

Today VAT has gone down by 2.5%. For some reason several of my 'friends' on Facebook have put in their status that they are pleased that things will be 2.5% cheaper.

The standard of education these days is shocking!

The actual reduction is 2.13%... if something cost £117.50 before and it now costs £115, you might have noticed that is not 2.5%.

Idiots. :frusty:

Posted

For me personally, it's not going to change how much I spend. I honestly can't see it helping in any way.

Posted
For me personally, it's not going to change how much I spend. I honestly can't see it helping in any way.

You would be well advised to spend less as a result rather than more, you will after all be paying back the amount everyone else who does spend saves in increased National Insurance in a few years.

Posted
Isn't it funny that when it went up, people went mental, and now it's gone down again, people aren't bothered. It's almost as if people only get excited about BAD NEWS

Well, if it went down to zero I think we'd see a different reaction!

Posted
Today VAT has gone down by 2.5%. For some reason several of my 'friends' on Facebook have put in their status that they are pleased that things will be 2.5% cheaper.

The standard of education these days is shocking!

The actual reduction is 2.13%... if something cost £117.50 before and it now costs £115, you might have noticed that is not 2.5%.

Idiots. :frusty:

That is typical... :whistle:

Apparently, in a ministerial official document in <some country I will not disclose at this time>, someone worked out that 1/2 + 1/3 = 1/5 >_<

[so perhaps it is true that they do not cook the books, they just have no clue what they are doing!]

:unsure:

Posted
I'm constantly adding value to people's lives, and no one has to pay a penny on it. There's reason for celebration.

Errm...

Bellend... the VAT of life! :thumbup:

Posted
Today VAT has gone down by 2.5%. For some reason several of my 'friends' on Facebook have put in their status that they are pleased that things will be 2.5% cheaper.

The standard of education these days is shocking!

The actual reduction is 2.13%... if something cost £117.50 before and it now costs £115, you might have noticed that is not 2.5%.

Idiots. :frusty:

But it is 2.5% of the original price before VAT was added, so they're technically right (in a way) :whistle:

Posted
But it is 2.5% of the original price before VAT was added, so they're technically right (in a way) :whistle:

Oooooh, you should be in government Alex!

Posted

Personally, I don't think it'll affect the average consumer. It'll mostly help businesses who tend to buy things in bulk, which is where the main discounts will be found.

Posted

dang, are you people deliberately making me feel ripped off - i bought a plant the other day and the VAT was 28% :angry:

Posted
Personally, I don't think it'll affect the average consumer. It'll mostly help businesses who tend to buy things in bulk, which is where the main discounts will be found.

Most businesses won't make any savings as they are registered for VAT and claim it all back.

Posted
Isn't it funny that when it went up, people went mental, and now it's gone down again, people aren't bothered. It's almost as if people only get excited about BAD NEWS

People are not bothered becuase this is pointless when so many retailers are already offering big discounts to tempt shoppers. Also people are aware fo the future tax rises which they are going to have to pay for the cut now.

Posted
Apparently, in a ministerial official document in <some country I will not disclose at this time>, someone worked out that 1/2 + 1/3 = 1/5 >_<

Doesn't it equal 5/6? :unsure:

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