Vat

**Qube** · #1 (**permalink**) 01-12-2008, 11:46

Hi

I've just paid off my two oustanding invoices and noticed I was charged 17.5% VAT.

Should I not of been charged 15% VAT today? - Not that I mind, as 2.5% is hardly going to make anyone go on a spending spree

**eUKhost.com** · #2 (**permalink**) 01-12-2008, 12:30

it was changed to 15% in the morning, but your invoice was generated last month and that's the reason it shows 17.5%

**DPS Computing** · #3 (**permalink**) 01-12-2008, 19:01

Yes, VAT applies at 17.5% for anything that is bought or recieved before the 1st December 2008.

**jc8654** · #4 (**permalink**) 02-12-2008, 04:48

Yeah, I just had another company do the same to me - they cancelled one invoice and reissued it with the correct VAT included.

I tell you one thing, the change in VAT is going to make the accountants happy bunnies as it will be a pain to do the books this year.

**DPS Computing** · #5 (**permalink**) 02-12-2008, 11:51

Quote:

Originally Posted by jc8654

Yeah, I just had another company do the same to me - they cancelled one invoice and reissued it with the correct VAT included.

I tell you one thing, the change in VAT is going to make the accountants happy bunnies as it will be a pain to do the books this year.

Yep, it will give them a headache. But I enjoyed saving an extra £3 in ADSA yesterday - thank you government!

**eUKhost.com** · #6 (**permalink**) 02-12-2008, 15:01

Quote:

Originally Posted by DPS Computing

Yep, it will give them a headache. But I enjoyed saving an extra £3 in ADSA yesterday - thank you government!

Lets party tonight for the £3 saving.

**DPS Computing** · #7 (**permalink**) 02-12-2008, 18:07

Quote:

Originally Posted by eUKhost.com

Lets party tonight for the £3 saving.

Its another pint!

**jc8654** · #8 (**permalink**) 03-12-2008, 02:19

*smirks*. Sometimes I think that's all you think about David!

**DPS Computing** · #9 (**permalink**) 03-12-2008, 10:25

Quote:

Originally Posted by jc8654

*smirks*. Sometimes I think that's all you think about David!

Nope, but the motto of my High school was "Work hard, play hard" and from that day onwards I have always followed that. And I work bloody hard so I deserve wind down time.

Plus can I help having so many friends and being such a social butterfly? Its a hazard I am saddled with for the rest of my life I think

.

**Ben** · #10 (**permalink**) 03-12-2008, 11:21

Quote:

Originally Posted by DPS Computing

Its another pint!

are beer prices not going down?

**DPS Computing** · #11 (**permalink**) 03-12-2008, 11:29

Quote:

Originally Posted by Ben

are beer prices not going down?

Nope, I think they're just pocketing the extra 2.5%

**Ben** · #12 (**permalink**) 03-12-2008, 12:15

Quote:

Originally Posted by DPS Computing

Nope, I think they're just pocketing the extra 2.5%

lol. I think most businesses are doing that anyhow

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**WelshTom** · #13 (**permalink**) 03-12-2008, 22:23

Quote:

Originally Posted by Ben

lol. I think most businesses are doing that anyhow

.

Even so, if the businesses pockets the extra 2.5%, it's still going to be good for the economy, as the business will be gaining more money, and so will the businesses suppliers, so at least someone is benefiting along the lines.

**DPS Computing** · #14 (**permalink**) 04-12-2008, 11:28

Quote:

Originally Posted by WelshTom

Even so, if the businesses pockets the extra 2.5%, it's still going to be good for the economy, as the business will be gaining more money, and so will the businesses suppliers, so at least someone is benefiting along the lines.

But its not good for my economy!

**jc8654** · #15 (**permalink**) 06-12-2008, 19:49

Well... But if businesses can therefore absorb their cost increases by the 2.5% extra coming in, it would benefit your economy as they won't have the put their prices up for the customer.

**DPS Computing** · #16 (**permalink**) 07-12-2008, 21:11

Quote:

Originally Posted by jc8654

Well... But if businesses can therefore absorb their cost increases by the 2.5% extra coming in, it would benefit your economy as they won't have the put their prices up for the customer.

Fair point. I'll let them off then! After all 2.5% isnt that much

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**jc8654** · #17 (**permalink**) 10-12-2008, 03:37

That all depends what you're buying. If you're buying a £2000 bottle of champagne in the Hilton, you'd notice the 2.5%!

**DavidAllen** · #18 (**permalink**) 10-12-2008, 08:58

Quote:

Originally Posted by jc8654

That all depends what you're buying. If you're buying a £2000 bottle of champagne in the Hilton, you'd notice the 2.5%!

if your buying champagne at 2 grand a bottle - your not likely to be someone who needs extra money.

Daniel · #19 (**permalink**) 10-12-2008, 10:09

£30 off a £1200 Apple iMac, oh my life is saved!

As I've said before, it's to accommodate businesses rather than the public.

**DPS Computing** · #20 (**permalink**) 10-12-2008, 11:07

Quote:

Originally Posted by jc8654

That all depends what you're buying. If you're buying a £2000 bottle of champagne in the Hilton, you'd notice the 2.5%!

Yes but if you can afford to buy that you won't be bothered about the £50 saving - it'll be like us throwing pennies on the ground to them!

Quote:

Originally Posted by DavidAllen

if your buying champagne at 2 grand a bottle - your not likely to be someone who needs extra money.

Exactly my point

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Quote:

Originally Posted by Daniel

£30 off a £1200 Apple iMac, oh my life is saved!

As I've said before, it's to accommodate businesses rather than the public.

Well if I as a non rich person was buying a new computer then I'd actually appreciate the £30 saving. But I begrudge spending £3 on a pint so if I was spending £2000 on champagne I'd be that rich I wouldn't care

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