Order tomorrow and avoid Amazon VAT increase 15% -> 17.5% - HotUKDeals
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Order tomorrow and avoid Amazon VAT increase 15% -> 17.5%

apexialdesigns Avatar
6y, 11m agoPosted 6 years, 11 months ago
Last day to avoid VAT increase and save up to 2.5%

The price you will be charged for orders placed before January 1, 2010 12:00:01am will not increase, even if the item is dispatched after 1 January.
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apexialdesigns Avatar
6y, 11m agoPosted 6 years, 11 months ago
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Comments/page:
#1
so lemme guess stuff that are priced ending in 99 will no longer be sold in such a way in 2010

dont make me laugh

COLD
#2
Why negative ? It was the robbing ba****rs that cause the credit crunch!
#3
apexialdesigns
Why negative ?


It's hardly a 'deal' really though, is it?
banned#4
A lot of shops aren't increasing the vat for a month or two any way.
banned#5
Amazon are theifs all round, The vat increase does not come into effect until 06-00am on 1st jan, So thats 6 hours they will be pocketing the extra vat.....
banned#6
apexialdesigns
Why negative ? It was the robbing ba****rs that cause the credit crunch!


And definatly not a hot one
#7
Thanks for making me laugh..

C'mon, it's 2.5%, we're just getting robbed on something else that involves VAT to cover that so stuff it
#8
So was it amazon or VAT that caused the virtual breakdown of credit provision?
#9
that should be the same for all retailers. VAT is charged at the prevailing rate on the day if the sale NOT the day of delivery.
#10
not many reduced prices when it went down, unless your spending £££££`s its hardly a issue
#11
lottysdad08
Amazon are theifs all round, The vat increase does not come into effect until 06-00am on 1st jan, So thats 6 hours they will be pocketing the extra vat.....


That must be into Millions 6 hours of Amazon @2.5%. They should get a job at a city bank!
#12
apexialdesigns
That must be into Millions 6 hours of Amazon @2.5%. They should get a job at a city bank!


Yes, because it's a well known fact that midnight to 6am are their busiest hours, and millions will be spent during those crucial hours.

They've obviously had this planned for many months, this masterplan, this crime of the century... :whistling:
banned#13
ricaird
Yes, because it's a well known fact that midnight to 6am are their busiest hours, and millions will be spent during those crucial hours.

They've obviously had this planned for many months, this masterplan, this crime of the century... :whistling:


Plenty of drunken impulse buying, Not the crime of the cenutury but not good buisness
banned#14
lottysdad08
Plenty of drunken impulse buying, Not the crime of the cenutury but not good buisness


It is good business, just not for consumers :)
banned#15
Perfect buisness practice for them :thumbsup: Even thou it is technically illegal
#16
i will be waiting for everything priced a tenner going up to 10.25.! not its all a stunt. I can think of only primark who have dropped prices accordingly
#17
bambi-is-dead
It is good business, just not for consumers :)


Agreed. They need to switch the prices at some stage, so midnight makes sense for them probably. They'll make a few extra quid, pay the lower rate VAT on pre-6am transactions, then keep the costs the same, paying the extra VAT afterwards. Makes perfect business sense really.

And if the people worst off are those who carry out 'drunken transactions', then Amazon have spotted a great business opportunity to rip their eyes out - good on 'em I say. Most drunks however, will collapse and wake up fourteen hours later with the mother of all hangovers, rather than go on a shopping spree on Amazon. :lazy:
#18
lottysdad08
Perfect buisness practice for them :thumbsup: Even thou it is technically illegal


It's not illegal in any way, shape or form - technical or otherwise. They are free to decide their own prices, and will pay the gov't the correct amount of VAT owed (15% pre 6am, 17.5% after). If they want to increase all prices by extra 2.5% (or thereabouts), they are completely and legally free to do so.

Similarly, if it bothers folk, they are free to choose to shop elsewhere.
banned#19
ricaird
It's not illegal in any way, shape or form - technical or otherwise. They are free to decide their own prices, and will pay the gov't the correct amount of VAT owed (15% pre 6am, 17.5% after). If they want to increase all prices by extra 2.5% (or thereabouts), they are completely and legally free to do so.

Similarly, if it bothers folk, they are free to choose to shop elsewhere.


They are free to charge whatever they want for a good / service, however the rate of vat charged for that transaction is regulated by LAW and MUST be charged at the prevailing rate at the time of the transaction.

My OH works in a local companys finance office and has been working on this for the last couple of weeks so please dont try and teach granny how to suck eggs.



The whole vat decrease / increase has been 1 big farce. Mny companys did not pass on the vat reduction when it happened ( just did a bit of tesco style price shuffling) but i guess many will pass on the increase now.
#20
ACIDFORUMS
so lemme guess stuff that are priced ending in 99 will no longer be sold in such a way in 2010

dont make me laugh

COLD


Eh? Have I missed somethin here? What's this got to do with anything?
#21
lottysdad08
They are free to charge whatever they want for a good / service, however the rate of vat charged for that transaction is regulated by LAW and MUST be charged at the prevailing rate at the time of the transaction.


Look, if ANY company wants to put their prices up 2.5% today, and then absorb the VAT increase on Jan 1st by their already higher prices, they've done nothing wrong. Simple.

Anyway, people seem to forget that there's a 0% VAT on books which is a huge portion of their trade too - lets hope the drunken folk stick to printed word in their early morning spending sprees.

Also, do we really think Amazon will increase the prices on the thousands of 'under a fiver' DVDs etc. on Jan 1st? I think not - those same sections advertised on the website, will STILL be under a fiver - they'll just decrease the prices to account for the extra VAT that needs paid.

Hardly worth anyone rushing to buy early really, particularly not where Amazon are concerned.
banned#22
dcx_badass
I don't think many prices will change anyway.


Snap, although a few (mainly large) retailers reduced their prices when it went down many left it the same, and I doubt many of them will put their prices up tomorrow either.
I know in my shop marking everything down by 2.13% was never going to happen, and as such my prices will be staying the same.
banned#23
dcx_badass
I don't think many prices will change anyway.


Aggreed, many fixed price retailers, i.e POUNDLAND, have had a good time making increased profit, but now the vat is going back to 17.5 they cant really raise their prices to £1.03

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