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VAT query

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ProfilePosted byOptionsPost Date

Linda G

Linda G Report 26 Nov 2008 21:42

Someone who is the manager of a large store has just told me that the price on the shelves will be with the VAT on but it will be deducted at the tills.

What a silly idea, we won't now exactly what we are paying till we've paid for it unless we work out every item on the way

Linda

Redharissa

Redharissa Report 26 Nov 2008 22:33

It will get very messy and confusing when the shops have new stock to put on the shelves too! I think the only way they'll get round it is to have a dual-pricing system with both the old and new VAT prices displayed clearly.

Some foodstuffs do have VAT - eg fruit smoothies and confectionary - so the food shelves are going to be fun too.

Jill 2011 (aka Warrior Princess of Cilla!)

Jill 2011 (aka Warrior Princess of Cilla!) Report 26 Nov 2008 22:40

Just take 2% off the price. It will be slightly more than that but it's easy enough to work out. Will give you at least a rough idea - especially for the larger items.

Jill

°o.OOº°‘¨Claire in Wales¨‘°ºOO.o°

°o.OOº°‘¨Claire in Wales¨‘°ºOO.o° Report 26 Nov 2008 23:14

For reference

How to spot VAT items on a supermarket receipt

Morrisons
Items with an "A" to the right of the price

Asda
Items with a "V" to the right of the price

Tesco
An "*" is shown to the right of the item's description

°o.OOº°‘¨Claire in Wales¨‘°ºOO.o°

°o.OOº°‘¨Claire in Wales¨‘°ºOO.o° Report 26 Nov 2008 23:32

"Tampax Tax" was cut to 5% in 2000

°o.OOº°‘¨Claire in Wales¨‘°ºOO.o°

°o.OOº°‘¨Claire in Wales¨‘°ºOO.o° Report 26 Nov 2008 23:38

The VAT laws are crazy.

They tell you to get your kids to eat healthy then stick VAT on small boxes of raisins because they are classed as a snack not a food. Same goes for smoothies

VAT on loo rolls, a luxury?

Don't be too clean, VAT is charged on washing powder & toiletries

Janice

Janice Report 26 Nov 2008 23:39

Precisely, Christine! What moron decided they were a luxury item in the first place?!

Llamedos Pam

Llamedos Pam Report 27 Nov 2008 09:50

I have had my site fee's bill for my caravan for next year have not paid it yet will the vat on that be reduced or because I have already had the bill have to pay the old vat rate

Pam

SheilaSomerset

SheilaSomerset Report 27 Nov 2008 09:55

From another viewpoint, it's causing us a major headache at work - we have one system where the VAT change is easy, and 2 where it isn't!! Buying cheap, crap systems doesn't pay off!