Quote Originally Posted by joebloggs View Post
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.