VAT increase swallowed by Amazon?

Was suprised to see that the items in my basket at Amazon did not increase to reflect the new VAT rate. Are they taking this of their profit margin? How are other retailers handling this?

Sorry, not living in the UK at the moment so maybe I am not fully in the picture?!

18 Comments

Seen a few prices go up in Currys.. 3DTV package has now gone from the £898 i paid for it to £1050 odd.. Although that can’t entirely be to with the VAT increase.

It wouldn’t surprise me if some stores hike the prices of some items up, in order to keep the prices of others the same as before the VAT increase.
Edited by: "spritey" 4th Jan 2011

Argos have increased everything to reflect the new VAT rate

Places like the poundshop/poundland are going to suffer the most, its not like they can change their prices!

Banned

nikkib123

Places like the poundshop/poundland are going to suffer the most, its not … Places like the poundshop/poundland are going to suffer the most, its not like they can change their prices!



Such a shame if they went out of business...

master_chief

Such a shame if they went out of business...



Would be for the people they employ!

Banned

nikkib123

Would be for the people they employ!



Indeed it would be but I'm sure they'd find shop work elsewhere.

master_chief

Indeed it would be but I'm sure they'd find shop work elsewhere.



Strange comment?

Banned

master_chief

Such a shame if they went out of business...



yes because then everyone would have to pay more for stuff

nikkib123

Places like the poundshop/poundland are going to suffer the most, its not … Places like the poundshop/poundland are going to suffer the most, its not like they can change their prices!



They didn't reduce their prices when VAT went down last year did they?

shibi din

They didn't reduce their prices when VAT went down last year did they?



How could they? Their prices are set at a £1??

Banned

shibi din

They didn't reduce their prices when VAT went down last year did they?



no, what difference does that make?

Banned

colinsunderland

yes because then everyone would have to pay more for stuff



I'm sure it wouldn't affect my Waitrose and M&S bill too much.

master_chief

I'm sure it wouldn't affect my Waitrose and M&S bill too much.



Just seen that solid gold doorstops and diamond encrusted paperweights have gone up 2.5%, gutted.. Should of thought to beat the VAT increase

Many of the items saved in my Amazon basket have gone up in price over the last few days. That's why they can afford to absorb the VAT increase today (_;)

Original Poster

fabsaver

Many of the items saved in my Amazon basket have gone up in price over … Many of the items saved in my Amazon basket have gone up in price over the last few days. That's why they can afford to absorb the VAT increase today (_;)



Not mine to be honest, not ever the more expensive electronic stuff. Let's see over the next days and weeks...

Banned

master_chief

I'm sure it wouldn't affect my Waitrose and M&S bill too much.



well more fool you if you prefer paying three times as much for the same product

Banned

colinsunderland

well more fool you if you prefer paying three times as much for the same … well more fool you if you prefer paying three times as much for the same product



I'm also a Mac user too.

Some of Amazon's stuff has gone up, they put the Kindle prices up bang on midnight.
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