V.A.T Drop to 15 percent

[KeithD]

He's only doing it to prevent large companies from leaving the UK as they are threatening to do......it'll be a pain in the ass for small business, and retailers, and pretty worthless for your average man on the street.

[andypaul]

He's only doing it to prevent large companies from leaving the UK as they are threatening to do......it'll be a pain in the ass for small business, and retailers, and pretty worthless for your average man on the street.

2.5 percent off any large purchases is beter than a punch in the head

Also so more companies big and small can keep paying there vat bill i guess?

But if theres any delay ir will cause some smaller shops problems. As like today we were going to buy a few failry large items where vat is included we have put it off. we can wait and a few quid extra is very welcome.

[KeithD]

2.5 percent off any large purchases is beter than a punch in the head

But no one has any money, and 2.5% sure ain't going to help!

[andypaul]

But no one has any money, and 2.5% sure ain't going to help!

Plenty do not all were crazy and borrowed huge sums or banked on their house making them a huge sum.

Plenty of peopel would be happy with a 2.5 percent wage rise rahter than nothing as many people will get this year

[walesrob]

2.5 percent off any large purchases is beter than a punch in the head

2.5% is nothing, it certainly wont get me to spend money on that flat screen TV I don't really need, which is what Clown Brown is trying to get us to do.

I am after a new laptop, but I'm still gonna wait a few months more, even if the 2.5% cut is actioned tomorrow, after all, 2.5% on 400 notes is only £10, hardly an incentive.

[KeithD]

....but I'm still gonna wait a few months more, even if the 2.5% cut is actioned tomorrow, after all, 2.5% on 400 notes is only £10, hardly an incentive.

Remember that electronics will all go UP in price in January, as Brown as screwed the exchange rate, and with him 'borrowing' another £100 Billion, it'll go down again....US dollar is likely to hit 1.45

[andypaul]

2.5% is nothing, it certainly wont get me to spend money on that flat screen TV I don't really need, which is what Clown Brown is trying to get us to do.

I am after a new laptop, but I'm still gonna wait a few months more, even if the 2.5% cut is actioned tomorrow, after all, 2.5% on 400 notes is only £10, hardly an incentive.

No but many will be by the money saving experts will advise it (starting to think those money savings experts have caused many of the problems)

I also when i did a small google some thought it was dropping to 12.5 percent (not allowed with eu regs 15 % is the minimum allowed)

Although If someone offers me a small discount for something, i'll take it. Save the pennies and the pounds will follow.

Like Admin says prices may rise many shops are cutting back on stock and not buying in the same quanities so prices will possibly increase or the choice will be lost.