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      11-29-2010, 10:02 AM   #1
dxb335d
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VAT to go up to 20%

In Jan?

I had a text from O2 sayin my phone bill will go up due to VAT going to 20% this for real?!
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      11-29-2010, 10:04 AM   #2
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Originally Posted by dxb335d View Post
this for real?!
Certainly is old bean .
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      11-29-2010, 10:04 AM   #3
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Ummmmmmmmmm yes for sure, was rather big news a while back when it was announced !!
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      11-29-2010, 10:21 AM   #4
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Oh well. Why couldn't they justdo it on **** or something!!!!!
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      11-29-2010, 10:43 AM   #5
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Carl what planet have you been on for the last 6 months
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      11-29-2010, 10:48 AM   #6
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Tory scum.
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      11-29-2010, 10:49 AM   #7
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I've also heard that they are going to abolish pound notes, and have pound coins instead?

Can anyone confirm this
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      11-29-2010, 10:58 AM   #8
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I wrote **** as in ciggies and its been removed?
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      11-29-2010, 11:00 AM   #9
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I wrote **** as in ciggies and its been removed?
Different meaning in US-Speak. Filtered out.

D.
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      11-29-2010, 11:04 AM   #10
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Why couldn't they just tax gays?
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      11-29-2010, 11:05 AM   #11
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Why couldn't they just tax gays?
Doubt that would raise much ...

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      11-29-2010, 11:08 AM   #12
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Why couldn't they just tax gays?
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      11-29-2010, 11:12 AM   #13
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Doubt that would raise much ...

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      11-29-2010, 11:15 AM   #14
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Oh well. I sorta remember something on it now as everyone was saying ''Quick order a new car soon'' etc not so long ago.

So that 20% is on everything?!?!!!!! How long will it last?
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      11-29-2010, 12:04 PM   #15
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Gonna last forever... though compared to the rest of europe its actualy quite a low rate. And yep.. its on everything tats currently taxed at 17.5%

And if you order a new car now.. makes no diff! You pay the rate of VAT at the point its registered... so most likely next year!

Was told this by a BM dealer last week... even if i paid in full now it wouldnt matter apparently

(oh... and lets not forget.. it also goes on petrol ... another reason ive gone the company car route - too expensive to run my own)
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      11-29-2010, 12:30 PM   #16
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Gonna last forever... though compared to the rest of europe its actualy quite a low rate. And yep.. its on everything tats currently taxed at 17.5%

And if you order a new car now.. makes no diff! You pay the rate of VAT at the point its registered... so most likely next year!

Was told this by a BM dealer last week... even if i paid in full now it wouldnt matter apparently

(oh... and lets not forget.. it also goes on petrol ... another reason ive gone the company car route - too expensive to run my own)
Think a few car manufacturers are going to honor the old VAT rate till March, that includes BMW but not for company or lease cars (read somewhere).

VAT is at a lower rate on some stuff like kids clothes.
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      11-29-2010, 12:37 PM   #17
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I mean mate, people were saying this months ago. Therefore they would not pay the extra tax with cars being delivered within the next month.
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      11-29-2010, 12:56 PM   #18
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VAT is at a lower rate on some stuff like kids clothes.
No VAT at all on kids clothes and shoes etc - the same goes for most food also. The criteria used for food VAT rates are brilliant, eg:

Jaffa cakes = zero rate VAT

Gingerbread men decorated with chocolate unless this amounts to no more than a couple of dots for eyes = Standard rate VAT

and

Bourbon and other biscuits where the chocolate or similar product forms a sandwich layer between two biscuit halves and is not continued onto the outer surface = zero rate VAT

Chocolate shortbread = standard rate VAT

Bloody HMRC
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      11-29-2010, 01:00 PM   #19
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Thought the kids clothes were 5% or is it adults??

A quick look show Gas & Electricity @ 5% and Child seats.
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      11-29-2010, 01:10 PM   #20
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Tory scum.
Fcuking socialists more like If it wasn't for the Tory's everyone living North of Watford would still be working in Cotton Mills or Pits from the age of 9, wearing flat caps and keeping pigeons in the back yard of their 2up2down Terraces.

So think yer self lucky
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      11-29-2010, 03:12 PM   #21
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Bloody HMRC
Hey, the department that had to come up with all those rules and regulations kept a number of job-worths collecting their pensions & other benefits (some were of course off with stress) for a good 6-12 months. The Government would have had to have given them all a handsome redundancy package otherwise. Think of all the money we've saved.

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      11-29-2010, 03:49 PM   #22
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Hey, the department that had to come up with all those rules and regulations kept a number of job-worths collecting their pensions & other benefits (some were of course off with stress) for a good 6-12 months. The Government would have had to have given them all a handsome redundancy package otherwise. Think of all the money we've saved.

My apologies - in which case, I stand corrected.
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