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VAT rise leading to general price rise?  [RSS] Share on facebook Share on Twitter Submit to Reddit
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How do you GW will deal with the Rise in VAT?
Will they absorb the cost by reducing their profit margins?
Will they rase prices in line with the VAT rise?
Will they rise prices rounding up to the nearest £5?
Will they rise prices rounding up to the nearest £10?
Something else?

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Made in gb
Mad Gyrocopter Pilot




Scotland

lowmanjason wrote:this is basic economics, corporations always pass the cost of taxes to the consumers. thats just the way it is. its a buisness its there to make a profit. not pay money to the government


This for sure. Regardless if you like it or not.
   
Made in gb
Storm Trooper with Maglight





Back in the UK and hating it

lowmanjason wrote:this is basic economics, corporations always pass the cost of taxes to the consumers. thats just the way it is. its a buisness its there to make a profit. not pay money to the government


That's not really the issue, the point is often tax rises are accompanied by prcie rises as the sellers round off to the nearest 5 or 10 pounds, you won't see 20.50GBP it'll be 24.99.

   
 
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