When V.A.T. goes back up....

[baptistsan]

..... will they lower the duty on petrol so there is no net effect on the price?

[dougc]

[ad551]

Erm, no. In fact, they'll put the duty up in April as well.

[gingerpaul]

.... will be it return to 17.5% or will be it be higher is a more interesting question I would have thought.

[ad551]

Definitely 17.5%. For now.

[gingerpaul]

Oh right, good stuff. I'm surprised. Not like them to miss a taxing opportunity.

[baptistsan]

Bunch of cheating cock noshers. Quite happy to increase the duty when they lowered V.A.T. How long before we can vote this shower of st out?

[ewenm]

musclecarmad said:

ad551 said:

Definitely 17.5%. For now.

17.5% on new years eve (happy new year!) and prob up to another 2.5% after the GE.

Will pub prices go up at midnight New Year I wonder?

[mcdjl]

ewenm said:

Will pub prices go up at midnight New Year I wonder?

I probably wouldn't notice if they did.

[jesusbuiltmycar]

Will the rates for companies on the Flat rate VAT scheme go back up as well?

[ewenm]

jesusbuiltmycar said:

Will the rates for companies on the Flat rate VAT scheme go back up as well?

Definitely, although it wasn't in the handy info I was sent this week, including some stickers to put round the office to remind me to charge 17.5% again.

[Dunk76]

So knocking on for £1.30 per litre of super by the new year then?

That'll see Labour out of office - it's one thing that really affects the middle classes

[cod man]

mcdjl said:

ewenm said:

Will pub prices go up at midnight New Year I wonder?

I probably wouldn't notice if they did.

I am sure it has been announced that for pubs and clubs it will go up at 6.00 Hrs the next day when most are shut to avoid confusion.

[tubbystu]

ewenm said:

musclecarmad said:

ad551 said:

Definitely 17.5%. For now.

17.5% on new years eve (happy new year!) and prob up to another 2.5% after the GE.

Will pub prices go up at midnight New Year I wonder?

HMRC have noticed that VAT increases at midnight on 31st Dec, and that alcohol licences allow for continuous opening (from opening am 31st Dec to closing pm 1st Jan) through this period and are suggesting that the liquor duties change midnight 1st Jan.

so duly as we get a whole 24 hours of discounted VAT on on-licence booze.

Why none of the dumbasses in HMRC considered that changing it at midnight 31st Dec was a stupid idea rather than midnight 3rd January - at least allowing for reprogramming of tills etc in a civilised time frame.

[groucho]

What will be the formula used to calculate the VAT then? At the moment I use number*3/23.

Cheers.

[spikeyhead]

groucho said:

What will be the formula used to calculate the VAT then? At the moment I use number*3/23.

Cheers.

think of a plane that's named like an elephant

.

.

.

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7/47

[mrmr96]

Dunk76 said:

So knocking on for £1.30 per litre of super by the new year then?

That'll see Labour out of office - it's one thing that really affects the middle classes

I paid £142.9 per litre for BP Ultimate Unleaded (99, not 102). This was on Monday night in Bournemouth.
Rubbish eh?

[cod man]

mrmr96 said:

Dunk76 said:

So knocking on for £1.30 per litre of super by the new year then?

That'll see Labour out of office - it's one thing that really affects the middle classes

I paid £142.9 per litre for BP Ultimate Unleaded (99, not 102). This was on Monday night in Bournemouth.
Rubbish eh?

[gingerpaul]

mrmr96 said:

Dunk76 said:

So knocking on for £1.30 per litre of super by the new year then?

That'll see Labour out of office - it's one thing that really affects the middle classes

I paid £142.9 per litre for BP Ultimate Unleaded (99, not 102). This was on Monday night in Bournemouth.
Rubbish eh?

I think you might have been done.

[mrmr96]

gingerpaul said:

mrmr96 said:

Dunk76 said:

So knocking on for £1.30 per litre of super by the new year then?

That'll see Labour out of office - it's one thing that really affects the middle classes

I paid £142.9 per litre for BP Ultimate Unleaded (99, not 102). This was on Monday night in Bournemouth.
Rubbish eh?

I think you might have been done.

I've just noticed a typo: I meant 142.9p, not £142.9. Notwithstanding my obvious typo, that price is still rediculous but I was away from home with not enough fuel to get back and my car is mapped for 99 RON, so unfortunately I didn't have a lot of options.

Apparently the garage was owned independantly (i.e. a BP franchise) so he could set the prices how he wished. Weirdly normal unleaded was only about 109.9p so I don't know why Ultimate would have SUCH a premium on it. V Power is usually only about c10p more than regular.