Dover.uk.com
If this post contains material that is offensive, inappropriate, illegal, or is a personal attack towards yourself, please report it using the form at the end of this page.

All reported posts will be reviewed by a moderator.
  • The post you are reporting:
     
    You're right Brian, it is 4 January the increase comes in.

    I personally believe you cut your cloth accordingly, the 2.5% rise in VAT is lower than the price increases you will eventually see I'm sure.

    Remember when the rate was cut to 15%, a lot of companies held sales on that number with various marketing techniques, same as we're now seeing with the rise, a lot of advertising is placed with the VAT held, no increase until... tag.

    I'm not commenting politically here, governments do what they have to regarding the raising of taxes, companies can either swallow the increase or raise their prices. It cuts both ways as far as I'm concerned. Will it stop people buying? I personally don't believe so.

Report Post

 
end link