Shops not passing on VAT cut

The VAT cut is going to make very little difference to your pocket to be honest. Most of the weekly shop is VAT free anyway and big spends on VATd items are being covered by duty changes instead.

Indeed, quite often what the 'poor' like to indulge on.


With the current price of fuel the increase in duty is probably more than the reduction due to VAT so that will be going up instead of down.

up .4 @ 89.9


Sure it is nice if you are going to be buying a whole load of VAT products, so may reduce your Christmas shopping by 2% or so, but it is hardly going to make any real difference to people who are struggling to make ends meet.

Exactly, if people are really going to benefit from 2.5% they're not long for this world.
 
I think its a waste of time for the stores. I've been keeping an eye on a certain 37" LCD pricing and any change from the VAT has been lost due to the weak pound. Prices are going up - its the same for a lot of hardware at the moment...
 
If your so bothered by the odd 73p, you really are living outside your means.

That's a bit over the top, don't you think? "So bothered" ? Did you even read my post?. "Any gain, no matter how small, is welcome". It's hardly "I'LL KILL FOR THAT 73P!!!" is it :p

And no, I'm not living outside my means, that doesn't mean I should welcome increased prices :confused: what a ridiculous assertion.
 
No :) Because it is deeply patronising to people who do need their money to live and not just to buy BMWs and high end graphics cards.

Considering both of things are his passions and the fact he got them both astronomically cheap, doesn’t remove from the fact it's his money. What else could he do with it, become a member of the socialist party and buy people who have bottom of the market cards from 3 years ago new cards so they can play latest releases?
 
Considering both of things are his passions and the fact he got them both astronomically cheap, doesn’t remove from the fact it's his money. What else could he do with it, become a member of the socialist party and buy people who have bottom of the market cards from 3 years ago new cards so they can play latest releases?

He can indeed do what he wants with his money, but he shouldn't presume to lecture people who don't live in a bubble, cocooned from reality about the value of money and how worthwhile saving money is. He does lecture, from a position of ignorance and zero experience, hence he leaves himself open to criticism.
 
That's a bit over the top, don't you think?

I wish I could afford to have your attitude, but I can't.



And no, I'm not living outside my means, that doesn't mean I should welcome increased prices :confused: what a ridiculous assertion.

How many luxury items do you buy?

I buy hardly anything. I'd love to get GTA4 for the PC but this month I need to get work done to my car also it looks like my car insurers are going belly-up so that's probably going to be my work bonus that I've worked for this year down the pan, but if I did by GTA4 a whole 73p isn't going to make any difference, also if I did get to spend my bonus on what I wanted, I'd save £5.45 - WOW, that's like, a coffee and cake.
 
wow!
was a crap idea anyway. Its not just employed people like you who are suffering. people who own businesses are (mostly) struggling this year because people aren't spending their money. Why should they pass on the vat decrease? other costs have gone up ridiculously but prices haven't gone up proportionately.
 
He can indeed do what he wants with his money, but he shouldn't presume to lecture people who don't live in a bubble, cocooned from reality about the value of money and how worthwhile saving money is. He does lecture, from a position of ignorance and zero experience, hence he leaves himself open to criticism.

You know very little about me, simply what I chose to share on an internet forum about cars and computers. You simply love to bring it up in every discussion we have even when it's utterly irrelevent, probably becuase it makes you feel better about your lot in life or something, I don't know. It's certainly a rather odd obsession for you to have.

I explained, in detail, exactly what I meant by the graphics card comment and explained it was nothing like your silly idea that I thought everyone should have a £300 graphics card. Your response, criticising only my grammar, spoke volumes then as it does now.

Many of lifes essentials are zero rated for VAT. Some are not, but it remains to be said that a 2.13% reduction on these products is not going to be life changing, nor is it even going to make an appreciable difference. You can pretend I know nothing about business and economics becuase I don't pay rent on a flat as much as you like, but this won't change that.

A Playstation 3 game today will cost £39.13 (I'm suprised I managed to calculate that, what with being so cacooned from reality and knowing nothing about money). A pair of socks costing £9.99 will show an even smaller saving. How can you argue these are significant? How can you argue the benefit of this outweighs the disadvantages to business?

Lets imagine you had £500 disposable income a month after your rent, bills, food and other zero VAT rated products, which obviously you don't by the level you moan and plead poverty on the internet and snipe at those you think are undeservedly better off than you.

Assuming you spend all of it, you will be £11 a month better off.

11 quid a month. And thats to somebody with a disposable income level of 500 quid.

It's absolutely NOTHING. The less disposable income you have, the less the saving is, if you've got only a a hundred quid left each month to spend on other things than essential living costs your saving is going to be £2.

£2. Thats it. TWO POUNDS.

Don't you dare try and patronise me at not knowing the value of money because I'm bold enough to suggest that 2 quid a MONTH is not the economic stimulous package it's made out to be.

I'm quite happy to engage in a debate on economics with you without reminding you that you live in a crap flat with an old computer and a 15 year old Vauxhall. I never do so until you first remind me that I live at home. Once I've been earning a full time wage for several years and still live for zero rent you can berate me but not before. I probably have less disposable income than you, in all honesty.

So lets quit the pointless sniping and debate things like adults.

Or you could point out I spelt because wrong, or something.
 
He can indeed do what he wants with his money, but he shouldn't presume to lecture people who don't live in a bubble, cocooned from reality about the value of money and how worthwhile saving money is. He does lecture, from a position of ignorance and zero experience, hence he leaves himself open to criticism.

I think your hatred is clouding your view the point he is making is that VAT is on luxury items and people with no money don't buy luxury items. So they will be making 73p saving per item which is hardly doing to be getting them out of any holes. If they are buying luxury items so it is making a difference then they are living outside of their means propped up by easy over the top credit and they need to cut back.

This is good new for business that get to keep the 73p as this will allow them to make massive amount of money over the Christmas period to make sure jobs stay next year whether that's in the case of people keeping the jobs or the company staying afloat so they can rehire next year at Christmas or when things pickup again overall in the economy.

Fox works and is in full time education, like everyone else at university. Except instead of going out every night drinking himself into an ambulance. He instead uses his money to fun his hobbies with his graphics card and a car. Now yes he lives at home and pays no rent, he has brought this up in many threads and has point out that he’s extremely satisfied at this situation and is grateful to his parents that they brought him into this world and are carrying on their responsibility past what the state says taking care of him till he is secure to stand on his own two feet.

Fox is extremely intelligent and is studying business and economics masters, I cannot fathom that because he doesn’t have to pay a gas bill it makes him any less educated about how the ‘real world’ works.
 
[TW]Fox;13001702 said:
Many of life's essentials are zero rated for VAT. Some are not, but it remains to be said that a 2.13% reduction on these products is not going to be life changing, nor is it even going to make an appreciable difference. You can pretend I know nothing about business and economics becuase I don't pay rent on a flat as much as you like, but this won't change that.

A Playstation 3 game today will cost £39.13 (I'm suprised I managed to calculate that, what with being so cacooned from reality and knowing nothing about money). A pair of socks costing £9.99 will show an even smaller saving. How can you argue these are significant? How can you argue the benefit of this outweighs the disadvantages to business?
There is a difference between knowing the price of something and the value ;)

you live in a crap flat with an old computer
Aww Fox. My flat is lovely! At least I have the self respect of standing on my own two feet. What do you have? Oh and I built a new computer recently so the latter point no longer applies :D
 
Fox is extremely intelligent and is studying business and economics masters, I cannot fathom that because he doesn’t have to pay a gas bill it makes him any less educated about how the ‘real world’ works.

You are asking me to accept that someone who has no experience of living anywhere except with his parents (rent free as well) knows enough about living in the real world and the cost of living, to lecture to the rest of us about it? Do me a favour :)
 
I'm getting sick of people thinking that the VAT cut was for them, as the end consumer. It is not. It is simply so that the extra 2.5% is not in the government's coffers, and in the economy. In fact it was actually for the benefit of small businesses that are struggling to stay a float.

So in short, suck it up, it's only 2.5%, you whining brat.
 
You are asking me to accept that someone who has no experience of living anywhere except with his parents (rent free as well) knows enough about living in the real world and the cost of living, to lecture to the rest of us about it? Do me a favour :)

Yeah, I learn't no more about the value of the pound when I became homless at 18, so I doubt Fox would.
 
You are asking me to accept that someone who has no experience of living anywhere except with his parents (rent free as well) knows enough about living in the real world and the cost of living, to lecture to the rest of us about it? Do me a favour :)

OK what about if I chip in then. I believe I'm about the same age as you, I came from a modest background (My dad was and still is an RAC man). I moved out as soon as I got a job and through hard work I have a happy life, nice cars and my own house. I don't need to blame immigrants or call people better off than me 'in a bubble' because I know that anyone can make it in life with a bit of hard work. I also think the VAT increase is pointless and that 73p on a 29.99 luxury item is next to nothing.

You my friend are the one that lives in a bubble, one of self pity.
 
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