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As the other thread has now been closed (which is totally understandable), Ive started this thread for some concrete price updates which are coming in on January 4th 2011 due to the subsequent 2.5% VAT increase.

Basically there will be the increase for the VAT rise, plus a little more to round off the numbers. Its not as bad as some people think however, if something was going to be £5.17 they haven't rounded up to £6.00 but more like £5.30. This is to make things easier for the stores and the consumer when making purchases as it is not clear how long the VAT will be at 20%. It is also not clear if GW are using this opportunity to implement any price rises due in the near future early to avoid inconveniencing staff and customers.

Codex's, Army Books etc: Staying at the same price.
£50 Battleforce - £51.30
£8.00 Blister - £8.30
£20.00 Box - £20.70

These are from memory but I'm pretty sure they are accurate. The Codex/Army Books are definitely staying the same price though. It seems that any rounding up of prices is pretty minimal, just being done to avoid various denominations of 1p.

Once again this is for UK stores only, if/how this will affect other stores around the world is unclear.

Hope this helps you guys!

Well thats sort of relieving I guess

Let's all endeavor to keep this thread On Topic and free of the issues which caused the closure of the last one.

Thanks!

Alpharius wrote:Let's all endeavor to keep this thread On Topic and free of the issues which caused the closure of the last one.

Thanks!

I second that motion Alpha, let's just hope someone actually listens!

so how is VAT calculated for us yanks who don't have to deal with it. is it already in the price you see on the shelf or is it added on at the register like the US sales tax?

The Decapitator wrote:Codex's, Army Books etc: Staying at the same price.

That's because VAT is not charged on books.

Hmm, if Maelstrom do an 'extra' off sale just after Christmas and before the VAT rise I may just have to buy that Daemon army before the change.

Not overly surprised by the mark ups, who'd want £8.14 or something odd on the shelf. We try to round all our stuff up to a more acceptable number.

Morathi's Darkest Sin wrote:Not overly surprised by the mark ups, who'd want £8.14 or something odd on the shelf. We try to round all our stuff up to a more acceptable number.

Damn right! I'd much rather pay extra.

I'd gladly pay less for something, regardless of all that pesky math involved!

George Spiggott wrote:

The Decapitator wrote:Codex's, Army Books etc: Staying at the same price.

That's because VAT is not charged on books.

Thanks for that, I was just letting Dakkites know that as there is a small increase on products above the VAT as well, that their Codex's etc will still be unchanged. I was also assuming that not everyone would be aware that VAT isn't added to books, but thanks for the conformation.

George Spiggott wrote:

Morathi's Darkest Sin wrote:Not overly surprised by the mark ups, who'd want £8.14 or something odd on the shelf. We try to round all our stuff up to a more acceptable number.

Damn right! I'd much rather pay extra.

Hey we're retail, we never mark anything down.. well if we can help it.

kenshin620 wrote:Well thats sort of relieving I guess

Yeah not really a problem if your American. VAT is added at the shop price and so shouldn't make the slightest difference if your a foriegn buyer.

Still no good for us Brits :(

warboss wrote:so how is VAT calculated for us yanks who don't have to deal with it. is it already in the price you see on the shelf or is it added on at the register like the US sales tax?

In practically all cases this is already factored into any prices you see things being sold at.

http://www.games-workshop.com/gws/content/article.jsp?catId=&categoryId=3700002§ion=community&aId=14600002a

In line with the changes announced by the Government, from 4th January 2011 we will be applying the new standard VAT rate of 20% to all affected products.

Foundry Minis and Mantic are altering thier prices as well.

@The Decapitator:
Are these prices coming from round about Nottingham way?

The Decapitator wrote: This is to make things easier for the stores and the consumer when making purchases as it is not clear how long the VAT will be at 20%.

Why is it not clear? The VAT was at 20% before the financial crisis and only temporarily lowered in UK to booster consumption. It was clear from the start that it was a temporary VAT reduction and that it will return to its original value after some time. So calling it a VAT (or price) increase is missing the point.

kroothawk it's standard level was 17.5 , it was decreased to 15,it was then increased to 17.5 again and it's now being increased to 20

Kroothawk wrote:

The Decapitator wrote: This is to make things easier for the stores and the consumer when making purchases as it is not clear how long the VAT will be at 20%.

Why is it not clear? The VAT was at 20% before the financial crisis and only temporarily lowered in UK to booster consumption. It was clear from the start that it was a temporary VAT reduction and that it will return to its original value after some time. So calling it a VAT (or price) increase is missing the point.

No it wasn't. The UK VAT rate was 17.5% for over twenty years before last year, and had gone back to that level this year following a temporary cut. This is a rise.

Phazer

EDIT: Counting fail.

Alpharius wrote:I'd gladly pay less for something, regardless of all that pesky math involved!

That is what a cash register/POS terminal/computer software is for. I really don't know why people are having trouble with it.

@Mr Burning: Yeah

@Kroothawk: What they said. So no, I haven't missed the point buddy, I think you might have unfortunately! Just to clarify, the standard, accepted rate if VAT was 17.5% as it was at this rate for years. Then during the recession it was reduced to 15% which was unprecedented as it had never been lowered before. Then they brought it back up to 17.5% and now they are trying to 'recoup their losses' by making another unprecedented move and raising it to 20%.

Hence the topic.


Automatically Appended Next Post:

Kroothawk wrote:

The Decapitator wrote: This is to make things easier for the stores and the consumer when making purchases as it is not clear how long the VAT will be at 20%.

Why is it not clear? The VAT was at 20% before the financial crisis and only temporarily lowered in UK to booster consumption. It was clear from the start that it was a temporary VAT reduction and that it will return to its original value after some time. So calling it a VAT (or price) increase is missing the point.

Oh and it wasn't lowered to boost comsumption, it was lowered to save people money during the recession. Companies pass VAT reduction onto their products, products cost less and customers money goes further. People don't spend more, they get more for their money.

The Decapitator wrote:Codex's, Army Books etc: Staying at the same price.
£50 Battleforce - £51.30
£8.00 Blister - £8.30
£20.00 Box - £20.70

We'll see if they "round them up" a bit nearer June. That's about the time they have their regular price rise isn't it? Battleforces will probably go up to £55, etc.

The Decapitator wrote:@Mr Burning: Yeah

@Kroothawk: What they said. So no, I haven't missed the point buddy, I think you might have unfortunately! Just to clarify, the standard, accepted rate if VAT was 17.5% as it was at this rate for years. Then during the recession it was reduced to 15% which was unprecedented as it had never been lowered before. Then they brought it back up to 17.5% and now they are trying to 'recoup their losses' by making another unprecedented move and raising it to 20%.

Hence the topic.


Automatically Appended Next Post:

Kroothawk wrote:

The Decapitator wrote: This is to make things easier for the stores and the consumer when making purchases as it is not clear how long the VAT will be at 20%.

Why is it not clear? The VAT was at 20% before the financial crisis and only temporarily lowered in UK to booster consumption. It was clear from the start that it was a temporary VAT reduction and that it will return to its original value after some time. So calling it a VAT (or price) increase is missing the point.

Oh and it wasn't lowered to boost comsumption, it was lowered to save people money during the recession. Companies pass VAT reduction onto their products, products cost less and customers money goes further. People don't spend more, they get more for their money.

It was actually to boost consumption, the intention was for prices to be lower, meaning that people went out and bought stuff which would inject more money into the economy and get us out of the recession.

Do we know if this will have a (completely unecessary and unjustifiable) knock-on effect to other markets such as the US and Oz?

You'll need to check your own financial news, it might be listed but it will have some impact. There's a report on how it'll affect US markets although it is quite generalised: http://economicmonitor.net/content/how-uks-vat-increase-will-affect-us-and-why-we-need-one

Howard A Treesong wrote:
We'll see if they "round them up" a bit nearer June. That's about the time they have their regular price rise isn't it? Battleforces will probably go up to £55, etc.

I would be astonished if we didn't see some models rise up in price at some point in the year -- your suggested time sounds plausible, anytime after April IMO -- even if this is "only" with regards to prices for new kits and models as they roll out.