Possibly on luxury items, true. Not on essentials, which is where a lot of the claw back will be....
Fuel (Petrol/Diesel)
Fuel (Domestic)
Food
Clothing
Communications
Transport
etc....
Oh, don't forget the £90+ shirts
The VAT rise.
- Thread starter Vita
- Start date
Possibly on luxury items, true. Not on essentials, which is where a lot of the claw back will be....
Fuel (Petrol/Diesel)
Fuel (Domestic)
Food
Clothing
Communications
Transport
etc....
Oh, don't forget the £90+ shirts
I don't see it as a big deal. You're only going to notice a an increase of £21 on every grand you spend on non essential items. It's absolutely nothing.
As for the guys attacking Dolph............ I honestly despair because it's people like you who are going to see Labour back into power at some point to wreck the economy for a fourth time in a row. Labour can not ever be trusted with running the UK economy. They prove it time and time again.
As for the guys attacking Dolph............ I honestly despair because it's people like you who are going to see Labour back into power at some point to wreck the economy for a fourth time in a row. Labour can not ever be trusted with running the UK economy. They prove it time and time again.
Here, here!!!
If you can afford the £1K in the first place, I'm sure the £21 will be lying around in change!
Shudder the thought of Labour coming back..... If I re-call the last time they got power they were handed a decent balance sheet.....?
It's exactly what I said. We live in a mass consumer society saturated with advertising and dominated by materialistic values, imposed upon us by capitalism and consumerarism. The Great Depression was only really seen in Western societies because people in places like China and India made do with what they have, what the earth gives them and what is essential. No one gets their knickers in a bunch over having a 42"TV instead of having a 50".
The government takes advantage of this, why raise income tax when so many are unemployed? Inheritance tax is easily avoidable, Council tax doesn't generate enough income. VAT is easily the easiest and most profitable taxation method for the UK right now.
The government takes advantage of this, why raise income tax when so many are unemployed? Inheritance tax is easily avoidable, Council tax doesn't generate enough income. VAT is easily the easiest and most profitable taxation method for the UK right now.
Soldato
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IF it works as it is supposed to, because as seen in other countries a rise in VAT doesnt bring the expected revenue
Because the state wastes an awful lot of it, due to a general refusal by the public to acknowledge that the systems in place don't work, an Labour party continually wedded to the idea that massive, monolithic public services are a good idea in the face of all evidence to the contrary, and a tendency of politicians to use the state to employ people regardless of whether it is actually necessary.
Hopefully the comprehensive spending review will help, given that all departments are actually being asked to justify their expenditure, but I don't hold out too much hope, because the tabloids always whip people into a frenzy about change, which is another part of the reason it is never done.
You have a biased view on what is essential - perhaps it is because you've never lived without them or you're just twisting things to fit your party line.
Your fact is opinion, the only fact I see is that people do live without them all over this country for their whole lives and do perfectly well without them.
They're aren't supermen and they aren't living in a cave, they just don't have your expectations.
edit: Nuts, LOL
You see people walking to work naked, with no kitchen appliances or toothpaste who also sleep and eat on the floor? Wow.
Live in furnished rented accomodation and buy second hand clothes?
To me, essential would mean something you cannot survive without. There is no pressing need to go and buy furniture and clothing multiple times per year - so it's not essential expenditure. Though not a brilliant plan, you can survive without toothpaste - or the human race would have died out long ago.
You cannot survive without food and water.
Even if you buy second hand or rent, the market price has been increased by the addition of VAT so you're still paying for it.
It doesn't matter how often you need to buy them, they are essential items to own, thus the statement that VAT is charged on essentials is correct. In the real world toothpaste is considered an essential item, this is the UK not Zimbabwe, you have to be realistic here.
... based on your definition of 'essentials' being 'essential to own' and not 'essential to purchase'.
If I was penniless and wanted to cut back due to the VAT increase... I'd buy only 'essentials' and cut back on things I don't actually need to spend my money on, like, you know, new furniture and clothes?!
If I was penniless and wanted to cut back due to the VAT increase... I'd buy only 'essentials' and cut back on things I don't actually need to spend my money on, like, you know, new furniture and clothes?!
I see people who spent nothing of their annual income in the last year on these things, yes.
If you spend nothing you pay nothing in tax.
Yes including toothpaste, dirty poor people
If you value your teeth you can spend another £4.08 on toothpaste and the vat rise will cost you 10.2p over the year.
What would a percent on basic rate income tax cost a full time man on minimum wage?
You know what else isn't taxed, books - you can read and improve yourself, try doing that after the 1% on income tax has wiped out your disposable income.
Are you at least accepting that essential food stuffs are not taxed now?
Unless you steal them you will need to purchase them, they don't last forever you know, especially electrical appliances.
If you have that option and are not already spending all income on essentials then great, but it still doesn't change the fact that your paying VAT on them, I never said it would financially cripple you, just that VAT is taxed on all essentials except food (mostly), water and medicine.
That's not what I asked...
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If I buy second hand furniture or appliances from the classifieds or loot, or if I buy clothes from the charity shop or jumble sale (do they still have these?) - how much VAT am I paying?
That's what my parents did when I was growing up - they couldn't afford to waste their money.
Edit: Don't know if you still can, but all our toothpaste came from free samples from the dentist as well
http://www.wikihow.com/Brush-Teeth-Without-Toothpaste
That's what my parents did when I was growing up - they couldn't afford to waste their money.
Edit: Don't know if you still can, but all our toothpaste came from free samples from the dentist as well
http://www.wikihow.com/Brush-Teeth-Without-Toothpaste
I don't think you asked anything, just made statements you believe back up your entrenched political opinions.
If Gordon had raised VAT you'd be hailing him as a saviour.
Effectively the same as buying new because VAT raises market prices by 2.1%.
If you had read any of my posts on this forum you would know that I hate the totalitarian Labour party and voted for the lib-dems. I simply believe that VAT should only be charged on essentials because otherwise it is an income tax.
http://forums.overclockers.co.uk/showthread.php?t=18150356&highlight=labour+username_energize&page=2
http://forums.overclockers.co.uk/showthread.php?t=18142677&highlight=labour+username_energize
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It's debatable if market prices in retail will go up never mind secondary markets which were only ever vaguely linked to market prices anyway (clothes in a jumble sale tracking the high street - get real!)
Ah the penny on income tax party. Nice to see you have your practical hat on today but that's hardly a liberal democrat policy is it? Perhaps you are an economic liberal rather than social liberal and side with the part of the liberal democrats most closely aligned with the Tories?