Tuesday Budget.,...

[Corsair7]

Wednesday World Cup Exit....
Thursday Riots.....
Friday Strikes....
Saturday Punchups.....
Sunday Lunch.....
Monday Hangover.....
Tuesday Reality....

[Goochie]

Do we think VAT will be going up to 20%?

[andyjo1982]

anybody know what else will be going up aside from public sector?

[robm3]

If the VAT goes up to 20%, when is this effective from?

[hornetrider]

robm3 said:

If the VAT goes up to 20%, when is this effective from?

Whenever they say it is effective from. I would expect services to be chargeable at the new rate from 1st July.

[DonkeyApple]

Corsair7 said:

Wednesday World Cup Exit....
Thursday Riots.....
Friday Strikes....
Saturday Punchups.....
Sunday Lunch.....
Monday Hangover.....
Tuesday Reality....

Does make you wonder, considering the timing, just why the Govt stopped all this country's mentalists from being in South Africa when the budget was announced

[DonkeyApple]

robm3 said:

If the VAT goes up to 20%, when is this effective from?

They should make it retrospective.

[hornetrider]

Gaz. said:

Goochie said:

Do we think VAT will be going up to 20%?

Yes, but whether it'll be 20% from July or staggered at 0.5% intervals over 18 months will be the thing to watch.

Surely they won't do it that way? What a ballache.

[DonkeyApple]

hornetrider said:

Gaz. said:

Goochie said:

Do we think VAT will be going up to 20%?

Yes, but whether it'll be 20% from July or staggered at 0.5% intervals over 18 months will be the thing to watch.

Surely they won't do it that way? What a ballache.

That would crucify vendors.

If they are serious then 23% at a set date in the not exactly distant future.

[RichardD]

DonkeyApple said:

...If they are serious then 23% at a set date in the not exactly distant future.

That could cause a slight inflation spike !!

[DonkeyApple]

RichardD said:

DonkeyApple said:

...If they are serious then 23% at a set date in the not exactly distant future.

That could cause a slight inflation spike !!

Offset by slashing public spending

[bonsai]

Corsair7 said:

Wednesday World Cup Exit....
Thursday Riots.....
Friday Strikes....
Saturday Punchups.....
Sunday Lunch.....
Monday Hangover.....
Tuesday Reality....

Frankly, I preferred The Cure's version.

[plasticpig]

hornetrider said:

robm3 said:

If the VAT goes up to 20%, when is this effective from?

Whenever they say it is effective from. I would expect services to be chargeable at the new rate from 1st July.

Doubtful. They should have learned from the reduction in 2008. It's only reasonable to give business some time to ensure that their software is compliant. Eight days notice is not enough to do this.

[Odie]

We're screwed. (we being the average working man)

[Shaw Tarse]

Goochie said:

Do we think VAT will be going up to 20%?

I was expecting it was inevitable from the moment the cut to 15% was announced.

[hornetrider]

plasticpig said:

hornetrider said:

robm3 said:

If the VAT goes up to 20%, when is this effective from?

Whenever they say it is effective from. I would expect services to be chargeable at the new rate from 1st July.

Doubtful. They should have learned from the reduction in 2008. It's only reasonable to give business some time to ensure that their software is compliant. Eight days notice is not enough to do this.

Fair point, didn't think of that

[Morningside]

electric and gas from 5% to 17.5? Or VAT on books, childrens clothes etc.

I see our local garage has already bumped the price up by 1p. Trying to catch the 'last minute fillers'?

[NoelWatson]

anonymous said:

[redacted]

A 30% fall in prices would kickstart the market. Hopefully Georgey Boy realises this

http://www.guardian.co.uk/uk/2010/jun/20/budget-os...

[DonkeyApple]

NoelWatson said:

anonymous said:

[redacted]

A 30% fall in prices would kickstart the market. Hopefully Georgey Boy realises this

http://www.guardian.co.uk/uk/2010/jun/20/budget-os...

Not in a eutopian manner though. It'll just be an opportunity for the cash rich to become a little wealthier.

[Pesty]

bonsai said:

Frankly, I preferred The Cure's version.

deserves one of these