Matt L
Member
Registered: 17th Apr 06
User status: Offline
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think that the drop in vat has made things so much cheaper  really does make me chuckle. walking around liverpool today and overheard a few people saying how cheap things are today because of the vat.
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Jakey
Premium Member
Registered: 4th Jun 07
Location: Sandbach
User status: Offline
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We've changed thousands of prices today, most things have gone down about 3p to every £1. Probably would notice the difference on a full shop.
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Eck
Premium Member
Registered: 17th Apr 06
Location: Lundin Links, Fife
User status: Offline
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They are the reason why this useless fucking Government will stay in power and continue fucking us over.
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Colin
Member
Registered: 4th Apr 02
User status: Offline
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Gordon Brown should be issuing crow bars to get us into the shops, not a measly vat cut!!
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strick206
Member
Registered: 12th Apr 07
Location: Wigan Drives:Integra DC5
User status: Offline
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quote:
Originally posted by Eck
They are the reason why this useless fucking Government will stay in power and continue fucking us over.
You beat me to it i wanted to say the exact same thing
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MJFF88
Member
Registered: 30th Apr 08
User status: Offline
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quote:
Originally posted by Matt L
think that the drop in vat has made things so much cheaper really does make me chuckle. walking around liverpool today and overheard a few people saying how cheap things are today because of the vat.
Aye, when you say it as £2.50 from a £100 item it really isn't all that great.
Or £25 from £1000.. Thats even worse. People are stupid
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Matt H
Member
Registered: 11th Sep 01
Location: South Yorkshire
User status: Offline
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quote:
Originally posted by MJFF88
quote:
Originally posted by Matt L
think that the drop in vat has made things so much cheaper really does make me chuckle. walking around liverpool today and overheard a few people saying how cheap things are today because of the vat.
Aye, when you say it as £2.50 from a £100 item it really isn't all that great.
Or £25 from £1000.. Thats even worse. People are stupid
Not quite...
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Cosmo
Member
Registered: 29th Mar 01
Location: Im the real one!
User status: Offline
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We arent passing on the savings. Consumers can GTF.
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MJFF88
Member
Registered: 30th Apr 08
User status: Offline
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quote:
Originally posted by Cosmo
We arent passing on the savings. Consumers can GTF.
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ssj_kakarot
Member
Registered: 29th Apr 03
Location: hartlepool
User status: Offline
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tbf a lot of places are slashing prices on items by quite a lot and just saying "ow we have slashed vat to make it x ammount"
for instance comet have an xbox premium for £166 due to the vat drop, well the vat didnt make it drop £34, but it makes for good advertising, and most customers dont question it any further than the claimed advert.
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BluKoo
Member
Registered: 8th Apr 02
Location: Stonehaven (Scotland)
User status: Offline
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quote:
Originally posted by Matt L
think that the drop in vat has made things so much cheaper really does make me chuckle. walking around liverpool today and overheard a few people saying how cheap things are today because of the vat.
My dad actually held out on buying a new private plate for the new car till the vat dropped. Just so he could save £4.20.
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Ojc
Member
Registered: 14th Nov 00
Location: Reading: Drives : Clio 197
User status: Offline
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Trouble is, the general public are stupid and will believe they are saving money so will spend a few quid more, which is exactly what they want to happen.
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Cosmo
Member
Registered: 29th Mar 01
Location: Im the real one!
User status: Offline
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quote:
Originally posted by Ojc
Trouble is, the general public are stupid and will believe they are saving money so will spend a few quid more, which is exactly what they want to happen.
Yet the cost to small (actually all) businesses will be such that a load more go out of business and the economy ends up further in the shitter.
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Mike
Organiser: North West and North Wales
Premium Member
Registered: 20th May 06
Location: nr. Skipton, North Yorkshire
User status: Offline
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quote:
Originally posted by Cosmo
We arent passing on the savings. Consumers can GTF.
We don't really have the option tho, most of our coin mechs won't take copper so cans at 59p ain't gonna work
TBF tho when your product is cheap, it's only gonna be pennies difference so most of the everyday things you buy won't be affected. Nipping to the little sandwich bar round the corner, they've been on their arse for the past few months cos the media's making everyone scared about the credit crunch, making people tighten their belts, the sandwich bar owners aren't gonna take 3 or 4 pence off the price of a sarnie, they're gonna cash in on it to try and dig em out the shit.
Anyway, Cheers Gordon, every little helps 
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Ian
Site Administrator
Registered: 28th Aug 99
Location: Liverpool
User status: Offline
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I got £2.48 off my coat today. The laughable thing is that it may have been the plan to stimulate the economy, but I was going to buy it the other day but it wasn't cold enough to justify it. So the government has actually made less out of me.
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Ste
Premium Member
Registered: 5th Mar 03
Location: Taif, Saudi Arabia
User status: Offline
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I got £1.41 off my shopping today. Better in my pocket than the governments
I would rather lose by a mile because i built my own car, than win by an inch because someone else built it for me.
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dannymccann
Member
Registered: 9th Aug 06
Location: Doddington, Lincolnshire
User status: Offline
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The way certain small retailers round here are doing it is they are keeping everything at original prices and keeping a calculator next to the till and just taking 2.5% off at the till, seems easier and less costly
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deano87
Member
Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
User status: Offline
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quote:
Originally posted by Ian
I got £2.48 off my coat today. The laughable thing is that it may have been the plan to stimulate the economy, but I was going to buy it the other day but it wasn't cold enough to justify it. So the government has actually made less out of me.
So they should have lifted the heavy tax on gas-guzzling-CO2-emitting cars so global warming is accelerated and it got cold quicker 
This is the same as say, a 2p drop in petrol - that saves me 60p.
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Kyle T
Premium Member
Registered: 11th Sep 04
Location: Selby, North Yorkshire
User status: Offline
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My dad got charged something like 9.95 for a £10 gift voucher
He questioned it and laughed but they just played stupid so he asked them for a £10,000 voucher
Lotus Elise 111R
Impreza WRX STi
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XSIHardy
Member
Registered: 5th Feb 08
User status: Offline
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Eck tht lass in ur dp
best not be ur sister,
bloomin lush mate
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RichR
Premium Member
Registered: 17th Oct 01
Location: Waterhouses, Staffordshire
User status: Offline
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quote:
Originally posted by Matt H
quote:
Originally posted by MJFF88
quote:
Originally posted by Matt L
think that the drop in vat has made things so much cheaper really does make me chuckle. walking around liverpool today and overheard a few people saying how cheap things are today because of the vat.
Aye, when you say it as £2.50 from a £100 item it really isn't all that great.
Or £25 from £1000.. Thats even worse. People are stupid
Not quite...
quote:
Originally posted by LiVe LeE
Dropping VAT from 17.5% to 15% is not 2.5p in the pound! its 2.1p in the pound difference;
If you pay £1.00 for something then the orginal price - VAT is not (100-17.5) 82.5% of the final value ie £0.825; It is actually £1.00/1.175=£0.851
if you then pay 15% VAT instead of 17.5%; £0.851*1.15 = £0.978
so a 2.5% drop in VAT is only worth £0.022 in your pocket per previous £1.00
so on a £100.00 purchase @ 17.5% VAT you'll now spend £97.80 at 15% - I don't know about anyone else but a £2.20 saving per £100.00 won't push me to spend anymore or less
[Edited on 25-11-2008 by LiVe LeE]
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