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

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.

23 Comments

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

Original Poster

Why negative ? It was the robbing ba****rs that cause the credit crunch!

apexialdesigns;7376937

Why negative ?



It's hardly a 'deal' really though, is it?

Banned

A lot of shops aren't increasing the vat for a month or two any way.

Banned

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

apexialdesigns;7376937

Why negative ? It was the robbing ba****rs that cause the credit crunch!



And definatly not a hot one

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

So was it amazon or VAT that caused the virtual breakdown of credit provision?

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.

not many reduced prices when it went down, unless your spending £££££`s its hardly a issue

Original Poster

lottysdad08;7376971

Amazon are theifs all round, The vat increase does not come into effect … 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!

apexialdesigns;7377004

That must be into Millions 6 hours of Amazon @2.5%. They should get a … 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

ricaird;7377049

Yes, because it's a well known fact that midnight to 6am are their … 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

lottysdad08;7377073

Plenty of drunken impulse buying, Not the crime of the cenutury but not … Plenty of drunken impulse buying, Not the crime of the cenutury but not good buisness



It is good business, just not for consumers

Banned

Perfect buisness practice for them :thumbsup: Even thou it is technically illegal

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

bambi-is-dead;7377144

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:

lottysdad08;7377181

Perfect buisness practice for them :thumbsup: Even thou it is technically … 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

ricaird;7377229

It's not illegal in any way, shape or form - technical or otherwise. … 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.

ACIDFORUMS;7376936

so lemme guess stuff that are priced ending in 99 will no longer be sold … so lemme guess stuff that are priced ending in 99 will no longer be sold in such a way in 2010dont make me laughCOLD



Eh? Have I missed somethin here? What's this got to do with anything?

lottysdad08;7377285

They are free to charge whatever they want for a good / service, however … 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

dcx_badass;7377375

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

dcx_badass;7377375

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
Post a comment
Avatar
@
    Text
    Top Discussions
    1. HUKD Satellite Information & IPTV Thread48710954
    2. So Brexit isn't going how a lot of Brexiters thought it would917
    3. What would be HELL to you?2944
    4. The HUKD Student Discount code sharing thread (most codes on Unidays are si…7171351

    See more discussions