6 Hours V.A.T. Grace on New Years Eve

[marky No.1]

http://www.morningadvertiser.co.uk/news ... icle/84951



Thank heavens for that I thought the bars were all going to close at midnight to adjust their tills

[Plain Peter]

What about the places that never reduced their prices with that VAT reduction con?
Will they keep their prices the same come the increase?

[marky No.1]

What about the places that never reduced their prices with that VAT reduction con?
Will they keep their prices the same come the increase?

Retailers are required to give 14 days notice that their prices are going back up again


BIS Consultation on proposal to amend the Price Marking Order 2004
Traders are required to display clearly their prices inclusive of VAT. For a period up to 14 days, they are permitted under the Price Marking Order 2004 (SI 2004/102) to let consumers know, by way of a general notice, that an adjustment in price, to take account of the VAT change, will be made at the till.

BIS is consulting on its proposal to extend the length of time that traders can display a general notice, from 14 days to 28 days. Full details of the consultation http://www.berr.gov.uk/consultations/page53298.html , which closes on Monday 23 November 2009, can be obtained. at the link above.

So when you go to Primark on New Years Day the item may be labelled at £4.88p but when you get to the till they will charge you £4.99p

On the other hand if you want to save slightly more on your purchase, get down to your Bentley dealer to buy a 6.8 litre Azure and be £6000 better off

azure.jpg

Or £5Million saving on one of these

yacht-expensive-dubai.jpg