VAT cut starts today!

Can't wait.

One thing though - will Poundland have to put their prices 'up' in order to sell everything for a pound? Just wondering..........

No, Poundland will get the extra 2.5%. Same with my firm, and all price marked products.

Ahhhh yes, line the pockets of the multimillionaire business owner party donors, give nothing at all to the plebs[1].

Fuckin typical tory conts.....ehhhhh? Hang on? What?

[1]Unless you're buying big ass goods from people who charge separate VAT. I guess all the ebay cunts charging VAT despite not paying it are partially losing a little earner.

The government will expect shops to confirm that they're passing the saving on, but it's not clear how stringent these checks will be.

For example; will M&S, who tend to use round prices, be expected to reduce their prices by 21p for every £10?

Will we see EVERYTHING FOR 97.8p shops?

Or will the big stores raise their prices by 2.5% and trouser a bit more profit (or record a bit less of a loss, as they no doubt would have us believe)?

I wish Japanese politicians would do that over here.... Our consumption tax (VAT) rate is only 5%...but the price of living is pretty high even with that low of a rate. And the politicians are so stupid they can't think of a plan to raise the rate on luxury items but keep the rate the same (or even lower) on food or something like that.

Every time an election comes round, or when we have a new prime minister (which it seems that prime ministers come and go faster than managers in the J-League), the threat is always "We're gonna raise the consumption tax rate".

Sorry for my little rant.

Doctor? wrote: Ahhhh yes, line the pockets of the multimillionaire business owner party donors, give nothing at all to the plebs[1].

Fuckin typical tory conts.....ehhhhh? Hang on? What?

[1]Unless you're buying big ass goods from people who charge separate VAT. I guess all the ebay cunts charging VAT despite not paying it are partially losing a little earner.

To be fair, all my products have been the same for the last five years. It's the shops that are suffering, and are going down like flies.

I do however do cheap pricemarked stuff, and the 2.5% will help my business survive the next few months too.

The consumer will benefit on more expensive goods, such as white goods, and on things like petrol.

I raised an invoice for costs incurred last month today, and I only charged 15% on top of it.

So the government made 2.5% (although I get to keep the money for three months, which is why I did it

Pass it on