20% vat

[Mancie]

Originally Posted by JCB

The Labour government reduced vat from 17.5% to 15% for a few months .

The Con-Lib government are increasing it from 17.5% to 20% .

I'm criticising neither . I'm just totally confused about the economics of all parties , and to what extent their policies are effective in a global economy .

Oh careful now.. you are entering into the realms of even having the gall to question the economic wisdom of this government.. expect some name calling and abosolute rubbish replies from the tory boys on here.

[steeljack]

the "cock-up" was probably outsourced offshore as there being no suitable labour available in the UK to process it , another reflection on 13 years of mis-rule in the educational sector .

[Mancie]

Originally Posted by steeljack

the "cock-up" was probably outsourced offshore as there being no suitable labour available in the UK to process it , another reflection on 13 years of mis-rule in the educational sector .

Only "13 years of mis-rule" Steeljack?..there seems to be some sort of mental barrier of 13 years you people can't go beyond!

[gynn]

Originally Posted by Margaret Pilkington

Well, it is obvious that the poor are going to be more affected by paying VAT.......they have much less disposable income....but at least it isn't a tax that the rich can wriggle out of easily by paying an accountant to find the legal loopholes.

I think you will find armies of accountants advising businesses of the items of personal spending that can be put through the business's books. That way the VAT can be offset.

I used to know someone who asked friends to retain any receipts they got, so he could pass them on to his accountant to see if they could go through his company's books...people who had absolutely nothing to do with the company!

He's long since dead, by the way!

[jaysay]

Originally Posted by Mancie

Only "13 years of mis-rule" Steeljack?..there seems to be some sort of mental barrier of 13 years you people can't go beyond!

Probably because never before have 13 years been such a bloody disaster

[JCB]

Originally Posted by Mancie

Oh careful now.. you are entering into the realms of even having the gall to question the economic wisdom of this government.. expect some name calling and abosolute rubbish replies from the tory boys on here.

I have little faith in the economic wisdom of any of our politicians .

We had 18 years of Conservative rule , and no one was more glad than me to see the back of them in May 1997 .
But then the Labour government came on the scene and I had great hopes . These were dashed mainly because of their foreign policy . With the size of their majorities and three consecutive wins , they were given the chance of a liftime . Instead they let what are traditionally known as Labour stalwarts down .

[lancsdave]

As we sell clothing it's a double whammy for us. Our suppliers bring out their new catalogues in January and with it the price changes. The price of cotton has risen by 50% in the past year and we stood several smaller price rises through the last 6 months, but we can't hold our prices any longer.

[walkinman221]

Originally Posted by jaysay

Probably because never before have 13 years been such a bloody disaster

I have no real time for any political parties as the are all as bad as each other ,not giving a stuff for the ordinary people like us.But as soon as the tories were elected my first thought was that people have short memories their last time in power brought a lot of problems to this country. Much like labours last try. Having said that this lot has a cabinet made up of predominately millionaires so what will they know of the real world that we inhabit.

[Less]

Originally Posted by walkinman221

a cabinet made up of predominately millionaires so what will they know of the real world that we inhabit.

They will know the following:-

1. Legal minimum wage, (and will apply it wherever possible).
2. How to shake hands with the right hand whilst twisting the blade further in with the left).
3. What is morally wrong for the ordinary man and that it doesn't apply to them because they can buy their way out of it.
4. Never to mix socially with ordinary people unless there is an excellent chance of screwing a large profit from them.
5. Never under any circumstances to reveal even with the threat of death, that the leaders of Labour & the Lib Dems are just as bad.
6. How to remove any organisation that is a threat to the other five.

Are we still here?

Obviously accyweb isn't considered a threat then.

[jaysay]

Originally Posted by Less

They will know the following:-

1. Legal minimum wage, (and will apply it wherever possible).
2. How to shake hands with the right hand whilst twisting the blade further in with the left).
3. What is morally wrong for the ordinary man and that it doesn't apply to them because they can buy their way out of it.
4. Never to mix socially with ordinary people unless there is an excellent chance of screwing a large profit from them.
5. Never under any circumstances to reveal even with the threat of death, that the leaders of Labour & the Lib Dems are just as bad.
6. How to remove any organisation that is a threat to the other five.

Are we still here?

Obviously accyweb isn't considered a threat then.

Ya but we're a special case Less

[shillelagh]

went in one of the poundshops after seeing the spugster off ... and what theyre doing because of the vat increase .. is charging for the carrier bags .. 1p or 5p .. but have kept the price of the stuff at £1 ...

[Boeing Guy]

Let us not forget what great things Gordon brown did for us....

1. For the first 10 years of this Labour government we had a booming economy due to the unsustainable house price bubble and poor financial regulation. During this rich period the then Chancellor, Gordon Brown, failed to pay off the national debt, he sold our gold off at a rock bottom price, raided pensions, in fact he went on a spending spree until the money ran out.

2. When the money ran out, Gordon Brown introduced his numerous stealth taxes, but yet again, he did not use the money raised to pay off the national debt, he just carried on spending until the money ran out.

3. When the money from his stealth taxes ran out, Gordon started to borrow money - actually increasing our national debt. He continued to borrow and spend all the way up to the recession leaving our country weak an poorly placed to weather the storm.

4. Gordon Brown told us that we were best placed to face the recession. We now know that Gordon was not exactly telling the truth. Out of all the major economies we were the first into recession and the last out. Gordon Brown's uncontrolled spending very nearly took this country over a cliff.

[lancsdave]

Originally Posted by shillelagh

went in one of the poundshops after seeing the spugster off ... and what theyre doing because of the vat increase .. is charging for the carrier bags .. 1p or 5p .. but have kept the price of the stuff at £1 ...

If they were doing that yesterday it was nothing to with VAT, that didn't go up until midnight last night

[derekgas]

Originally Posted by lancsdave

As we sell clothing it's a double whammy for us. Our suppliers bring out their new catalogues in January and with it the price changes. The price of cotton has risen by 50% in the past year and we stood several smaller price rises through the last 6 months, but we can't hold our prices any longer.

I feel for you both Dave, it is going to be hard on small businesses again, we have had 1 price increase in 7 years, unfortunately the last one was only 2 years ago because of the fuel rises, small businesses (like yours and mine) are often family concerns, so if you lose business and ultimately cease to trade, it affects a lot of family too, it is estimated that you lose up to 10% of your custom when you increase prices, and that this is offset by the increased earnings, in reality it doesnt quite add up like that, we could quite easily end up in a position of you making the missus redundant, and me deciding which son to make redundant! How appealing is that?

[talentedbutslow]

I suspect there will be a surge in interest in migrating to Australia when people find out that our GST (VAT)is set at 10%.......look me up when you get here.