We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Pre Budget: VAT to rise to 17.5% in Jan as planned
Options
Former_MSE_Guy
Posts: 1,650 Forumite
This is the discussion thread for the following MSE News Story:
"Chancellor Alistair Darling has confirmed VAT will rise from 15% to 17.5% in January as planned...."
"Chancellor Alistair Darling has confirmed VAT will rise from 15% to 17.5% in January as planned...."
Read the full story:
VAT to rise to 17.5% in Jan as planned
VAT to rise to 17.5% in Jan as planned
0
Comments
-
I don't see the benefit of the original cut. Everywhere you look now, prices are still set at £X.99 meaning businesses have swallowed up the benefit of it, as expected. The restoration of the rate will give retailers the excuse to hike their product prices by more than 2.5% VAT difference. So again, we'll lose out. But then again, it's not like never never saw this coming.0
-
If you look at Televisions, the newest model is about 60% of the original price 6-8 months after release.
I'll stagger all my big ticket purchases until my pay/earnings rise significantly.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 598.9K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards