Has anyone else noticed....

sturll

That today VAT has gone down to 2.5% yet supermarket prices seem to have gone up to account for it?

skint-student-nurse

yeah...! i bought something 'non-food' from tesco on saturday before they cut the vat, went back today to get another one...and it cost exactly the same price as it did before the vat cut...random!

sturll

My weekly shop usually costs £70ish. But today expecting it to be in the £60's i was stunned it was £86.98

I sat and looked at the receipt and loads of items had gone up in price.

bunny999

There is no VAT on food.

sturll

bunny999 wrote: »

There is no VAT on food.

There is VAT on some foods (cooked meats?) and also on drinks.

Penelope_Penguin

sturll wrote: »

That today VAT has gone down to 2.5% yet supermarket prices seem to have gone up to account for it?

As this isn't strictly Old Style, I'll move this to the Shop Don't Drop Board

Woby_Tide

well on my £100 shop at Tesco they kindly point out I've received my reduced VAT cashback of the princely sum of 12p.

So as Gordon wanted us all to do I'm off to buy a house with my new found wealth

p00

At Asda today the prices on the shelves stayed the same but the vat was taken off at the till.

xxp00

thriftlady_2

Lakeland have reduced their prices to take account of the VAT drop;)

dazzer68

you wont see much food going down, as most food is 0% vat, only the odd thing like i think its biscuits, and some cooked stuff. not much this really wont affect it going down.
vat is normally considered to be on what the government call luxury goods!

katskorner

Most things will probably stay the same or go up and they will use some reason to justify it. The food is 0% VAT and prices should be coming down so they tell us but everytime I shop I notice increases. Completely fed up with it - rip off Britain at it's best.