John
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Registered: 30th Jun 03
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They've now found a draft of the policy saying that VAT will go up to 18.5% in 2011.
I'm of the opinion this has all been orchestrated by labour and the sun, throw in a wee dodgy phonecall scandal with a well known, much loved actor to take the heat off them while they fabricate some short term plans to 'get us out of this credit crunch' and hey presto you've managed to stay in next election.
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Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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You'll see a little bit more spin soon to cover the fact NI is going up, duty on fuel, cigs and alcohol is going up, as well as a few other 'stealth' taxes.
Its purely a ploy to persuade people they are doing something good to gain a few more voters in a hard time for their government, when in real terms they are going to fuck us all over even more.
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John
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Registered: 30th Jun 03
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The bad bit is it'll work in their favour because the majority won't have a clue whats going on.
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deano87
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Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
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The bit that makes me laugh is that it's to help the average family and such.
There is no VAT on children's clothes & food, the highest amount paid out for for most families.
They haven't got the foggiest of what to do imho.
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Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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quote:
Originally posted by John
The bad bit is it'll work in their favour because the majority won't have a clue whats going on.
Exactly, and thats the worst thing about it all 
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Joe
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Registered: 20th Jun 04
Location: Hesketh Bank, Lancashire
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They are cunts, thats all I can say.
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Ian
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Registered: 28th Aug 99
Location: Liverpool
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They claim it's a mistake. Bit close to being a possibility for that. I don't trust any of them.
The drop to 15% won't do a thing. Shops will be that busy spending money on alterations to their systems they won't even be in a position to pass it on, nevermind want to for how much difference it'll make to them.
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Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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quote:
Originally posted by Ian
The drop to 15% won't do a thing. Shops will be that busy spending money on alterations to their systems they won't even be in a position to pass it on, nevermind want to for how much difference it'll make to them.
Exactly.
The cost to us to change all our prices would be huge, so we arent bothering changing any of our prices at all. And we're just a small 5 shop chain - the cost to larger stores that are used much much more will be stupidly large.
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Twiggy
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Registered: 15th Oct 04
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they said that 2.5% off vat is like £5 off a £200 purchase?
Thats fuck all!!!!!
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Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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quote:
Originally posted by Twiggy
they said that 2.5% off vat is like £5 off a £200 purchase?
Thats fuck all!!!!!
Yep - plus remember no VAT on food which is where most peoples incomes goes after mortgage. And NI will be increasing so the wage packet will be smaller, and duty on petrol, alcohol and cigs will go up so in reality they are going to end up costing you a lot more.
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CorsAsh
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Registered: 19th Apr 02
Location: Munich
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Slightly annoying when you've just paid 17.5% on VAT as part of a 5k engine rebuild...
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Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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quote:
Originally posted by CorsAsh
Slightly annoying when you've just paid 17.5% on VAT as part of a 5k engine rebuild...
Like a piss in the ocean tbh even on that amount.
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Dr Pepper
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Registered: 21st Sep 02
Location: oxford Drives Renault Clio RS200
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Dont know why they just didnt do it all on income tax - fairest way imo. Lower income tax on those who earn under £20k and raise it on those who earn over £100k.
If you put the money straight into peoples pockets then they will start spending it.
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mwg
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Registered: 19th Feb 04
Location: South Lakes
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i have had a couple of emails from online stores to tell me they are now selling at the 15% VAT rates. as if I am now going to suddenly rush and buy something that i wouldn't when it was 17.5%
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andy1868
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Registered: 22nd Jun 06
Location: Burscough, Lancashire
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we were at out accountants yesterday, he was saying they've lowered VAT, but businesses aren't obliged to pass the saving on, so therefore businesses are still charging the same amount, but just putting the price up of the product up enough so that they don't have to go through the rigmoral of changing all their prices. if that makes sense 
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mwg
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Registered: 19th Feb 04
Location: South Lakes
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so they make money from it
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Fro
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Registered: 20th Jun 06
Location: Rainham, Essex Drives: A3 2.0TDi Sport
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Of course VAT is going to go up above 17.5% they have to pay back the extorniate loans somehow. the sad thing is many people believe it will just got back to 17.5. and will be shocked when it goes over that.
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Fro
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Registered: 20th Jun 06
Location: Rainham, Essex Drives: A3 2.0TDi Sport
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quote:
Originally posted by Dr Pepper
Dont know why they just didnt do it all on income tax - fairest way imo. Lower income tax on those who earn under £20k and raise it on those who earn over £100k.
If you put the money straight into peoples pockets then they will start spending it.
They would lose too much money that way. With them cutting VAT the government itself saves money on the million/billion pound + contracts they have with other organisations.
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Hammer
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Registered: 11th Feb 04
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quote:
Originally posted by Dr Pepper
Dont know why they just didnt do it all on income tax - fairest way imo. Lower income tax on those who earn under £20k and raise it on those who earn over £100k.
If you put the money straight into peoples pockets then they will start spending it.
That has allsorts of consequences though, you'd have richer people leaving the country and poorer people coming in for a start.
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Andrew
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Registered: 5th May 04
Location: Skoda Octavia Estate, Ford Puma
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quote:
Originally posted by Twiggy
they said that 2.5% off vat is like £5 off a £200 purchase?
Thats fuck all!!!!!
I love these comments. Same was said when fuel prices hit an all time high. What people do not realise is that we pay VAT on everything. Thus, prices will increase yet again.
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Wrighty
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Registered: 28th Feb 04
Location: Howden
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i fucking hate the government and the way they work
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Fro
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Registered: 20th Jun 06
Location: Rainham, Essex Drives: A3 2.0TDi Sport
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Just think of how muh interest they will be paying back...Bank of england are laughing 
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pow
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Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
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Just make sure you vote Labour out. They are single handedly screwing this country over.
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Daimo B
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Registered: 20th Mar 00
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quote:
Originally posted by pow
Just make sure you vote Labour out. They are single handedly screwing this country over.
No, they have done that already.
Whilst under labour power, i've seen culture diminsh massivly, crime, attitudes, stabbings, all under labour reqime.
They've become dictators, telling us what we can and cannot do. Can't smoke here, can't smoke there, highest fuel charges in Europe, high taxes, high cost of living. The "normal" public gets shafted more and more each year on cost of living, houses, council tax etc etc...
Meanwhile, if your scum, dole benefits, living in a council house, with 15 kids, and earning more money than I do (of which we're all paying for), then thats ok, lifes good.
These de-generates then have children, with no parental skills at all, the children grow up into little fcuks, (the chav kind), and so the cycle continues.
Its just while we've been under labour, its got 10 fold worse. Because they fund the "lower class" (fuck Political correctness, these people are usually scum, the kind who'd beat you just to have your phone), and stitch up those normal folk trying to make a living.
What about war, the public votes NO to it, but hell, we want to kiss the USA's arse, so lets go anyway.
Labour is a joke, and i think most people (who are dole scum) will be voting elsewhere the next elections. I know I will be (not that I voted labour in the first place).
Speed cameras, road saftey "gubbins", political correctness, can't do that it'll offend 1 person, the word chav, the culture of chav, knifings, attitudes, all got much worse, under labour.
Problem is, ALL the parties suck, there isn't a decent one to vote for.
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Dr Pepper
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Registered: 21st Sep 02
Location: oxford Drives Renault Clio RS200
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quote:
Originally posted by pow
Just make sure you vote Labour out. They are single handedly screwing this country over.
Who do you suggest replacing them with- our democracy is f u c k ed - I dont want labour, but I certainly dont want them replaced with Cameron, George Osbourne and all those other Tory c u nt s. There is no point in me voting Liberal because they are not capable of government and they have no chance in getting elected in my electoral area.
I effectively dont have a vote.
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