UK VAT Reduction - 17.5% > 15%
UK VAT Reduction - 17.5% > 15%
Out of context: Reply #11
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- emecks0
^ An example.
Today:
You buy a TV for £400 on the highstreet - the £400 already includes VAT @ 17.5% (£59.58)From Monday:
You buy the same TV for £400 on the highstreet - the £400 already includes VAT @ 15% (£52.17)The customer still pays the same.
Where it gets difficult is in this scenario:
You run a hotel, a guest is staying from today until Friday next week and has paid in advance. The price they've been charged was £100 per night excluding VAT. Now that is tough.- of course....Laurent
- the tv won't be 400 quid it will be £340.43p + VAT which will be £391.49mimeartist_com
- unless increase of ex vat price...Laurent
- You really believe it's going to get passed on to the consumer?? The price will remain the same.emecks
- WRONG... check the newspapermimeartist_com