Mick Seymour;365697 Wrote:
The Chancellor said that ultimately it was for each business to decide
on pricing, which is fair enough as he doesn't have the power to
interfere.
Personally, I hope companies who didn't reduce prices in line with the
VAT reduction lose sales because of it. I
mattybain;365860 Wrote:
That's a bit harsh considering the £ has devalued 25% against the us$
(and most other currencies too)
AFAIK, the reduction was to help generate -consumer- spending.
I can understand the view that it is such a small amount that it won't
actually have much of an effect
Mick Seymour;365872 Wrote:
However, if companies don't reduce prices in line with the VAT reduction
the owners are not only gaining by making slightly more profit on each
deal but by being part of the consuming public are benefiting from
price reductions from those companies that have
The Chancellor said that ultimately it was for each business to decide
on pricing, which is fair enough as he doesn't have the power to
interfere.
Personally, I hope companies who didn't reduce prices in line with the
VAT reduction lose sales because of it. I for one won't be buying from
them.
They're not the only ones. I've got my eye on a pair of Audioengine A2s
at ripcaster.co.uk, and I see they've done the same keeping the price
at £115 but raising the ex. vat price to £100.
I suppose the main reason could be the falling £ against the $ which
has already squeezed profit margins.
Hi, i noticed today on the Logitech site that the new VAT rates are in
force. Shame you seem to have put your ex. vat prices up to compensate
though
:-(
--
SoftPhill
SoftPhill's Profile:
DoomWolf;365226 Wrote:
Did anyone really expect much else when our Chancellor announced the
vat reduction?
Nope. the whole thing is a joke.
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