Small Business Retailers: Will you pass on the VAT cut?

[pioneer]

The initial message was deleted from this topic on 01 June 2013 at 21:28

[jacobyte]

It's pain for us, as we have many clients paying standing orders. The admin is going to cost us loads of wasted expensive time

[_Voyager_]

All our prices are ex VAT anyway, so no change here.

[HRG]

jacobyte said:

It's pain for us, as we have many clients paying standing orders. The admin is going to cost us loads of wasted expensive time

Ditto, I'll raise our prices temporarily then drop them in 2010.

Not worth the aggro of getting everyone to alter their standing orders IMO.

[ginettag27]

_Voyager_ said:

All our prices are ex VAT anyway, so no change here.

So are we, but do you not purchase items that have VAT on them? Therefore the input cost is reduced..?

If I see a saving from suppliers I'll pass it on.

[Graham]

ginettag27 said:

_Voyager_ said:

All our prices are ex VAT anyway, so no change here.

So are we, but do you not purchase items that have VAT on them? Therefore the input cost is

same for us almost all our customers and suppliers are businesses so doesnt really make and difference to us.. We reclaim all the input vat at 17.5% or 15% anyway so it makes no difference..

[Neil135]

I hope all my suppliers stay charging 17.5% as ill be charging 15% so ill be lowering my tax bill. I didn't think that you could choose not too change the rate though.

[BJWoods]

Neil135 said:

I hope all my suppliers stay charging 17.5% as ill be charging 15% so ill be lowering my tax bill. I didn't think that you could choose not too change the rate though.

no they'll just keep prices the same and make 2.5% more

[Tuscan Tart]

Neil135 said:

I hope all my suppliers stay charging 17.5% as ill be charging 15% so ill be lowering my tax bill. I didn't think that you could choose not too change the rate though.

You will be paying the extra 2.5% to the supplier! It will make no difference.

[Neil135]

I don't see that all my prices from my suppliers are quoted without VAT. I know if any of them try to raise there prices i will be speaking with them.