VAT to go up to 20%

dxb335d · 11-29-2010, 09:02 AM

In Jan?

I had a text from O2 sayin my phone bill will go up due to VAT going to 20% this for real?!

rogerxp · 11-29-2010, 09:04 AM

Quote:

Originally Posted by dxb335d

this for real?!

Certainly is old bean

.

davyk31 · 11-29-2010, 09:04 AM

Ummmmmmmmmm yes for sure, was rather big news a while back when it was announced !!

dxb335d · 11-29-2010, 09:21 AM

Oh well. Why couldn't they justdo it on **** or something!!!!!

JLR1969 · 11-29-2010, 09:43 AM

Carl what planet have you been on for the last 6 months

Steve A · 11-29-2010, 09:48 AM

Tory scum.

MOB · 11-29-2010, 09:49 AM

I've also heard that they are going to abolish pound notes, and have pound coins instead?

Can anyone confirm this

dxb335d · 11-29-2010, 09:58 AM

I wrote **** as in ciggies and its been removed?

Dave_3 · 11-29-2010, 10:00 AM

Quote:

Originally Posted by dxb335d

I wrote **** as in ciggies and its been removed?

Different meaning in US-Speak. Filtered out.

D.

dxb335d · 11-29-2010, 10:04 AM

Why couldn't they just tax gays?

Dave_3 · 11-29-2010, 10:05 AM

Quote:

Originally Posted by dxb335d

Why couldn't they just tax gays?

Doubt that would raise much ...

D.

Em135eye · 11-29-2010, 10:08 AM

Quote:

Originally Posted by dxb335d

Why couldn't they just tax gays?

rogerxp · 11-29-2010, 10:12 AM

Quote:

Originally Posted by Dave_3

Doubt that would raise much ...

D.

...said the Nun to the Vicar

.

dxb335d · 11-29-2010, 10:15 AM

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?

RCUK · 11-29-2010, 11:04 AM

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)

Irnbrukid · 11-29-2010, 11:30 AM

Quote:

Originally Posted by RCUK

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.

dxb335d · 11-29-2010, 11:37 AM

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.

Yahoo · 11-29-2010, 11:56 AM

Quote:

Originally Posted by Irnbrukid

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

Irnbrukid · 11-29-2010, 12:00 PM

Thought the kids clothes were 5% or is it adults??

A quick look show Gas & Electricity @ 5% and Child seats.

peterg1965 · 11-29-2010, 12:10 PM

Quote:

Originally Posted by Steve A

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

rogerxp · 11-29-2010, 02:12 PM

Quote:

Originally Posted by Yahoo

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.

Yahoo · 11-29-2010, 02:49 PM

Quote:

Originally Posted by rogerxp

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.

11-29-2010, 09:02 AM	#1
dxb335d The Tarmac Terrorist 949 Rep 29,345 Posts Drives: 997.2 GT3 Join Date: Mar 2007 Location: ''Fandango Towers'' iTrader: (3) Garage List 2010 Porsche 997.2 GT3 [9.50] 2003 BMW E46 M3 [6.00] 2007 BMW E92 335D [5.50]	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?! __________________ 997.2 GT3
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11-29-2010, 09:04 AM	#3
davyk31 Major General 1041 Rep 6,946 Posts Drives: Macan GTS :-) & F40 M135i Join Date: Sep 2009 Location: Northern Ireland iTrader: (0)	Ummmmmmmmmm yes for sure, was rather big news a while back when it was announced !!
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11-29-2010, 09:21 AM	#4
dxb335d The Tarmac Terrorist 949 Rep 29,345 Posts Drives: 997.2 GT3 Join Date: Mar 2007 Location: ''Fandango Towers'' iTrader: (3) Garage List 2010 Porsche 997.2 GT3 [9.50] 2003 BMW E46 M3 [6.00] 2007 BMW E92 335D [5.50]	Oh well. Why couldn't they justdo it on **** or something!!!!! __________________ 997.2 GT3
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11-29-2010, 09:43 AM	#5
JLR1969 Major General 1882 Rep 7,000 Posts Drives: Kubota GR1600 Join Date: Dec 2008 Location: England iTrader: (1)	Carl what planet have you been on for the last 6 months
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11-29-2010, 09:48 AM	#6
Steve A Brigadier General 96 Rep 3,465 Posts Drives: too much Join Date: May 2007 Location: Manchester UK iTrader: (0)	Tory scum. __________________ C350 cdi sport estate facelift 457lbft 130i M SportMercedes C350 CDI Sport Estate AutoMini Cooper Auto.Mercedes E250 CGI,Lexus IS-F,R36, RS4 Saloon,ML 420 CDI SPORT,M6, 335d, C55, C32, M3, M5, S3, ALL SOLD but fondly remembered
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11-29-2010, 09:49 AM	#7
MOB Major 56 Rep 1,413 Posts Drives: Alpine White M2 LCI Join Date: Dec 2007 Location: Northants UK iTrader: (4)	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, 09:58 AM	#8
dxb335d The Tarmac Terrorist 949 Rep 29,345 Posts Drives: 997.2 GT3 Join Date: Mar 2007 Location: ''Fandango Towers'' iTrader: (3) Garage List 2010 Porsche 997.2 GT3 [9.50] 2003 BMW E46 M3 [6.00] 2007 BMW E92 335D [5.50]	I wrote **** as in ciggies and its been removed? __________________ 997.2 GT3
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11-29-2010, 10:04 AM	#10
dxb335d The Tarmac Terrorist 949 Rep 29,345 Posts Drives: 997.2 GT3 Join Date: Mar 2007 Location: ''Fandango Towers'' iTrader: (3) Garage List 2010 Porsche 997.2 GT3 [9.50] 2003 BMW E46 M3 [6.00] 2007 BMW E92 335D [5.50]	Why couldn't they just tax gays? __________________ 997.2 GT3
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11-29-2010, 10:15 AM	#14
dxb335d The Tarmac Terrorist 949 Rep 29,345 Posts Drives: 997.2 GT3 Join Date: Mar 2007 Location: ''Fandango Towers'' iTrader: (3) Garage List 2010 Porsche 997.2 GT3 [9.50] 2003 BMW E46 M3 [6.00] 2007 BMW E92 335D [5.50]	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? __________________ 997.2 GT3
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11-29-2010, 11:04 AM	#15
RCUK Lieutenant Colonel 100 Rep 1,672 Posts Drives: 911 Turbo Join Date: Dec 2008 Location: Orpington, Kent iTrader: (4)	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) __________________ Been there, done that, driven the 'Ring
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11-29-2010, 11:37 AM	#17
dxb335d The Tarmac Terrorist 949 Rep 29,345 Posts Drives: 997.2 GT3 Join Date: Mar 2007 Location: ''Fandango Towers'' iTrader: (3) Garage List 2010 Porsche 997.2 GT3 [9.50] 2003 BMW E46 M3 [6.00] 2007 BMW E92 335D [5.50]	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. __________________ 997.2 GT3
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11-29-2010, 12:00 PM	#19
Irnbrukid Major 45 Rep 1,486 Posts Drives: Imaginary M2 Join Date: Jul 2008 Location: Scotland iTrader: (0)	Thought the kids clothes were 5% or is it adults?? A quick look show Gas & Electricity @ 5% and Child seats.
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