3 January 2011
14:4487521If something needs replacing in your house you will have to pay for it regardless of any extra VAT cost. Extra items you have a choice about whether to purchase or not.
We will notice a difference as the VAT increase and subsequent rise in petrol prices are going to effect most things, but overall can't see many people cutting back. There does seem to be a "if I want it, I will have it" mentality out there.
Its people on fix incomes without any way of increasing them that will be the hardest hit.
Guest 690- Registered: 10 Oct 2009
- Posts: 4,150
3 January 2011
15:0387525I am one of the `if I want it I`ll get it` mentality out here, but then those few pounds don`t bother me. Obviously, if I were on a fixed income with no way of increasing it I would maybe have to think twice about getting something I wanted, but as I`m not I can only comment on my current circumstances otherwise I couldn`t comment at all.
Tell them that I came, and no one answered.
Brian Dixon
- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
3 January 2011
15:1587528eerrrrrrrrrrrrrrrr excuse me dosnt vat go up tomorow.getting a bit previous here arnt we or is it the blues getting ahead of themselfs.happy vatfull new year to you all.
Guest 695- Registered: 30 Mar 2010
- Posts: 426
3 January 2011
15:2587531You'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.
Guest 700- Registered: 11 Jun 2010
- Posts: 2,868
3 January 2011
18:0287566Thank you Vic for the useful suggestions, which are noted
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Lincolnshire Born and Bred
Unregistered User
3 January 2011
18:3787584I think many of us posting here are from an era where if you could not afford it ,you did not buy it.
Those that did, tried credit and worked out the weekly repayments [usually over many years ]and when they dropped below a certain repayment level added the next consumer item and continued on the "tick".
Now it's credit cards and "tick".
It's about life style and peer pressure.
Is my statement too sweeping?
Watty
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
3 January 2011
18:4187587speaking as one who does not buy something i cannot afford to pay for outright i agree totally.
i think that a mortgage or a loan for a new car is acceptable, but thimgs like holidays definitely not.
what if it rains for the fortnight and you get the aztec two step?
imagine coming home knowing that you then have to start paying for it?
Guest 653- Registered: 13 Mar 2008
- Posts: 10,540
3 January 2011
18:4287589Not at all Paul.
It seems that my original comment on teh vat rise is the same as most posters on here.
Roger
Guest 660- Registered: 14 Mar 2008
- Posts: 3,205
3 January 2011
18:4887593You after a job on the Cabinet Roger agreeing with the Leader.
If you knew what I know,we would both be in trouble!
Guest 653- Registered: 13 Mar 2008
- Posts: 10,540
3 January 2011
18:5687598I don't think so John - I agree wth you sometimes, but I don't want to cross the floor.
Roger
Keith Sansum1
- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
3 January 2011
18:5887600ALL POSTS ARE MY OWN PERSONAL VIEWS
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
3 January 2011
18:5987601that is how i read it keith!!
Guest 653- Registered: 13 Mar 2008
- Posts: 10,540
3 January 2011
19:0487603Of course not.
I've never been a yes man.
Roger
Guest 700- Registered: 11 Jun 2010
- Posts: 2,868
3 January 2011
23:2987654Colin and Paul- I entirely agree. If we couldn't afford it, we didn't buy it !!
The only thing I ever had on HP were two large electric duplicators for my secretarial business, which paid for themselves, years ago.
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Lincolnshire Born and Bred
Brian Dixon- Location: Dover
- Registered: 23 Sep 2008
- Posts: 23,940
4 January 2011
08:5687666barryw,i dont live in those countrys i live in the uk worse luck,but vat still a rip off.
Guest 655- Registered: 13 Mar 2008
- Posts: 10,247
4 January 2011
09:2187668Brian - you made a statement that the UK has the highest level of VAT - I pointed out that was not true.
Tax on spending is far better and more effective than tax on income.
Keith Sansum1- Location: london
- Registered: 25 Aug 2010
- Posts: 23,942
4 January 2011
15:2087687i do understand barryw it will be interesting to see if the general public share your view
ALL POSTS ARE MY OWN PERSONAL VIEWS
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
4 January 2011
16:1387713retailers are falling over themselves to appear to be the last to pass the increase on.
all a bit superficial todays papers are united in saying that retailers will use the rise to raise prices by 5% to 8% depending on what you read.
Guest 641- Registered: 12 Mar 2008
- Posts: 2,335
6 January 2011
17:5987915I was a bit shocked whilst in McDonalds in Canterbury it seems they have increased the price of their coffee (which is quite nice) from £1.39 to £1.49
howard mcsweeney1- Location: Dover
- Registered: 12 Mar 2008
- Posts: 62,352
6 January 2011
18:1987922£.1.49 seems a lot for a coffee in mcd's, i suppose you won't be sending your man in there in future barry.