Hi From Minglanilla, Cebu

[Terpe]

Hi mattwilkie, welcome to the forum
I looked at your blog after Fred put it up here. Very nice read.
There's going to be some impact changes in UK over the coming months.
VAT will increase Jan 4 (up to 20%)

[joebloggs]

VAT will increase Jan 4 (up to 20%)

vat increase on something costing £10 is what 20p more, something costing costing £500 will be £10 more. this doesnt bother me as much as the increases i've seen on food items over the last year , food items costing £1.20 going to £1.45 etc

[Terpe]

vat increase on something costing £10 is what 20p more, something costing costing £500 will be £10 more. this doesnt bother me as much as the increases i've seen on food items over the last year , food items costing £1.20 going to £1.45 etc

I know what you are saying Joe, as I have said the same to my wife when she wanted to go shopping on Boxing Day. But... VAT is paid on most items and services. Not just one or two items. Food, fuel, energy, communications, clothing etc.etc.
Another significant addition to the current inflation.
This all makes a difference to me anyway.

[Sim11UK]

vat increase on something costing £10 is what 20p more, something costing costing £500 will be £10 more. this doesnt bother me as much as the increases i've seen on food items over the last year , food items costing £1.20 going to £1.45 etc

I buy some wholesale products that used to cost 38p. During the recession, they've skyrocketted up to 52p each, with VAT now going up to 20%, there wont be any profit. It will have a terrible affect across the country.