Rusevelt Posted November 24, 2010 Report Share Posted November 24, 2010 (edited) If getting through this year was hard enough for most, how will the country cope next year? Edited November 24, 2010 by Rusevelt Quote Link to comment Share on other sites More sharing options...
dannytrialskid Posted November 24, 2010 Report Share Posted November 24, 2010 It wont, Government being tight wankers as usual and can't let us off the 2.5%... it's not like they need the money is it! Quote Link to comment Share on other sites More sharing options...
Mark W Posted November 24, 2010 Report Share Posted November 24, 2010 Well, they sort of do. Everyone was buzzing about the 15% VAT change a while back, yet didn't really seem to realise that there'd have to be the opposite at some point. We'll see how it goes I guess. Main issue for me personally is going to be fuel - it's already pretty frickin' expensive, so instantly adding a few more p per litre isn't great. When I first moved to Blackpool it was 107.9 for diesel - the same place is now charging 120.9. Not great, as I'm pretty sure the quality isn't suddenly that extra %age better Quote Link to comment Share on other sites More sharing options...
Hannah Shucksmith Posted November 24, 2010 Report Share Posted November 24, 2010 On the note of fuel prices I drove past the local Tesco Express petrol station earlier; 131.9 for Diesel and 128.9 for Petrol. Dayum. Quote Link to comment Share on other sites More sharing options...
Rusevelt Posted November 24, 2010 Author Report Share Posted November 24, 2010 (edited) Doesn't the government realise that they will effectively cripple the country even further than they are doing already. Forget double dip recession, we potentially talking about heading for depression on those who will be hardest hit. Edited November 24, 2010 by Rusevelt Quote Link to comment Share on other sites More sharing options...
tomturd Posted November 24, 2010 Report Share Posted November 24, 2010 Well, they sort of do. Everyone was buzzing about the 15% VAT change a while back, yet didn't really seem to realise that there'd have to be the opposite at some point. We'll see how it goes I guess. Main issue for me personally is going to be fuel - it's already pretty frickin' expensive, so instantly adding a few more p per litre isn't great. When I first moved to Blackpool it was 107.9 for diesel - the same place is now charging 120.9. Not great, as I'm pretty sure the quality isn't suddenly that extra %age better Get some shares in BP and hope to offset your extra expenditure Personally I'm looking forward to it. Quote Link to comment Share on other sites More sharing options...
dann2707 Posted November 24, 2010 Report Share Posted November 24, 2010 I wonder if the amount of drivers using red diesel will increase after the inevitable vat increase..... Quote Link to comment Share on other sites More sharing options...
PaRtZ Posted November 24, 2010 Report Share Posted November 24, 2010 Im pretty sure alot of shops didn't actually change their prices when the 15% VAT came about.... In fact I know that a few didn't! Think this is going to affect us all in a slight way per purchase, which if we looked on every purchase we make would be quite a large amount of money...if that makes sense? Quote Link to comment Share on other sites More sharing options...
dannytrialskid Posted November 24, 2010 Report Share Posted November 24, 2010 Im pretty sure alot of shops didn't actually change their prices when the 15% VAT came about.... In fact I know that a few didn't! Think this is going to affect us all in a slight way per purchase, which if we looked on every purchase we make would be quite a large amount of money...if that makes sense? I thought legally they would of had to? - BUT I know that Tesco changed the prices on their database so that the prices were exactly the same as what they were before. So people thought they were paying less, yet they were paying exactly the same. Very sneaky if you ask me! Quote Link to comment Share on other sites More sharing options...
Mr Motivator Posted November 24, 2010 Report Share Posted November 24, 2010 Quit complaining and just pay up yo. Nothing we can do about it now. Don't like it; move away. Hopefully it'll be something else to deter any more immigrants. Quote Link to comment Share on other sites More sharing options...
Rusevelt Posted November 24, 2010 Author Report Share Posted November 24, 2010 Im pretty sure alot of shops didn't actually change their prices when the 15% VAT came about.... In fact I know that a few didn't! Think this is going to affect us all in a slight way per purchase, which if we looked on every purchase we make would be quite a large amount of money...if that makes sense? Yeah i noticed that my local Cooperative food store charges different prices for the same item even though there are 3 stores in the same local area. So yeah its kinda lame but it just means that i have to get certain items from one local store and visa-versa. Quote Link to comment Share on other sites More sharing options...
Matt Burrows Posted November 24, 2010 Report Share Posted November 24, 2010 Doesn't the government realise that they will effectively cripple the country even further than they are doing already. Forget double dip recession, we potentially talking about heading for depression on those who will be hardest hit. I never knew you were so well informed! Maybe you should go into politics or become an advisor etc? 2 Quote Link to comment Share on other sites More sharing options...
Greetings Posted November 24, 2010 Report Share Posted November 24, 2010 Same going on here. Except the raise isn't from 15% to 17.5% but from 22% to 23%. I don't give a shit, you can complain but what's the point. It's going to happen anyway. Quote Link to comment Share on other sites More sharing options...
Tomm Posted November 24, 2010 Report Share Posted November 24, 2010 It's a good excuse to buy loads of shit between Christmas and new year, right? Quote Link to comment Share on other sites More sharing options...
TomN Posted November 24, 2010 Report Share Posted November 24, 2010 When i worked at Sainsbury, they slowly roll out the 15% vat. Plus with cotton prices & etc going up, it'll be a ball ache buying stuff. I think people will be spending less, and smart shopping. Quote Link to comment Share on other sites More sharing options...
Revolver Posted November 24, 2010 Report Share Posted November 24, 2010 How will I cope? I think I'll try running down the street in my undercrackers first. Quote Link to comment Share on other sites More sharing options...
Sam Nichols Posted November 25, 2010 Report Share Posted November 25, 2010 VAT just goes on luxury goods/non-essentials, right? I'm not too clued up on all this since my first home is a tax haven Quote Link to comment Share on other sites More sharing options...
Revolver Posted November 25, 2010 Report Share Posted November 25, 2010 VAT goes on anything that has had value added to it. So veg and ingredients for stuff don't have VAT, but when something is processed, like a ready meal or oven pizza jobbie, that has VAT. Pretty much everything has VAT it seems. Quote Link to comment Share on other sites More sharing options...
Captain Scarlet Posted November 25, 2010 Report Share Posted November 25, 2010 I don't think most people will bother. I know at work when it went down to 15% we initially changed the prices on the tills then a week later we didn't bother, no-one questioned the difference, in fact it was easier as they didn't have to have the small handful of change back rather than a penny. As said, petrol is gonna be the worst hit, I'm 19 and in the 3 years that I have been on the road in some form it's gone up by almost 40 pence a litre! that's absolute madness! On the general talk of things going up, why is it that televisions and consumer electronics/gadgets can always continually drop in price, yet bicycles/bicycle industries are always faced with price rises? Just don't understand the logic? Quote Link to comment Share on other sites More sharing options...
Phatmike Posted November 25, 2010 Report Share Posted November 25, 2010 Don't forget how damn cheap England is to live in at the moment, the country's dire compared to many! Fuel, food and most things are loads more expensive on the continent. It's not just that everything's expensive here, it's that most of us can't afford the luxurious lives we expect to live. Wonder why that is... Quote Link to comment Share on other sites More sharing options...
monkeyseemonkeydo Posted November 25, 2010 Report Share Posted November 25, 2010 As said, fuel's the main thing. However overall I don't think it'll be that big a deal. I thought about it when it went from 17.5-15% and if you think that if you were to buy a £10,000 car, the difference due to VAT decrease/increase is only ~£250 it's hardly worth bothering about. Quote Link to comment Share on other sites More sharing options...
OD404 Posted November 25, 2010 Report Share Posted November 25, 2010 As said, fuel's the main thing. However overall I don't think it'll be that big a deal. I thought about it when it went from 17.5-15% and if you think that if you were to buy a £10,000 car, the difference due to VAT decrease/increase is only ~£250 it's hardly worth bothering about. Agreed, I'm pretty sure no-one on here can truely say they were actually noticably better off while we had the 15% VAT rate... If anything it was more of a gimmick to get us to spend more under the illusion that we had loads more to spend, whereas the reality was that a few less pence on everything we buy is not going to make a difference. As someone who keeps a good eye on my finanaces I can say without a doubt that it made no difference to my outgoings. The increase to 20% in my view will have the same marginal effect on people's individual lives, but add all those marginal increases together for the whole county and the government will actually receive a decent amount to help the defecit. Besides, fuel prices vary more than the 2.5% VAT increase anyway... Quote Link to comment Share on other sites More sharing options...
Revolver Posted November 25, 2010 Report Share Posted November 25, 2010 On the general talk of things going up, why is it that televisions and consumer electronics/gadgets can always continually drop in price, yet bicycles/bicycle industries are always faced with price rises? Just don't understand the logic? If suckers keep buying stuff when they crank the prices up, the prices will stay up. On the other hand, people buy TVs on which is cheapest, and there are more TV buying people than cyclists, I'd've thought. Cheap bullshit bikes are pretty cheap. Quote Link to comment Share on other sites More sharing options...
Muel Posted November 25, 2010 Report Share Posted November 25, 2010 (edited) Does no-one else think that it's madly cheap to live in the UK now and has been for years? If you look back to the 70s, the average family went on holiday once a year, had one telly and one car. Now everyone has mobile phones, computers, several tellys in the house, games consoles, more clothes than you can wear in a fortnight etc. It's a bit of a dip but nothing to cry about. The worst is yet to come when the country as to pay off the big debt that labour took out to bail out the banks. A few months ago I read somewhere that the country as a whole isn't generating enough profit to even pay the interest on the load it's that big. For the average family, I don't think there has ever been a better time to live than the last 5 years or so. Edited November 25, 2010 by Muel 1 Quote Link to comment Share on other sites More sharing options...
Token Posted November 25, 2010 Report Share Posted November 25, 2010 If anything it should encourage retailers to lower prices, the illusion that stuffs expensive will deter people from buying. I'm sure there'll be some pretty aggressive marketing and price wars going on. Quote Link to comment Share on other sites More sharing options...
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