The VAT Factor

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  • #313243
    kwatt
    Keymaster

    Re: The VAT Factor

    Madmac wrote:But, its legal, it’s going to continue, and you’ve got to hand it to all those concerned in dragging our industry to this level, its been a supreme con trick, convincing the general public its cheaper spending £200 every 3 years than £400 every 10+ years.. Brilliant! 😀

    That’s the bit I think we can do something about by convincing people that they should buy smarter. Not always easy though.

    K.

    #313244
    iadom
    Moderator

    Re: The VAT Factor

    kwatt wrote:

    So if they punt up VAT it will make little difference to business.

    I agree that a rise from 17.5{e5d1b7155a01ef1f3b9c9968eaba33524ee81600d00d4be2b4d93ac2e58cec2d} to 20{e5d1b7155a01ef1f3b9c9968eaba33524ee81600d00d4be2b4d93ac2e58cec2d} will only have a marginal effect. I can assure you that rise from 8{e5d1b7155a01ef1f3b9c9968eaba33524ee81600d00d4be2b4d93ac2e58cec2d} to 25{e5d1b7155a01ef1f3b9c9968eaba33524ee81600d00d4be2b4d93ac2e58cec2d} had a disastrous effect at the time.

    #313245
    kwatt
    Keymaster

    I can imagine as that’s a big hike to get in one hit.

    K.

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