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VAT to increase?!

 
 
sean_q
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      11-28-2010, 08:27 PM
From Norman Hyde's website:

: UK VAT rate change from 4th Jan 2011

: In his 2010 Emergency Budget the Chancellor announced an increase
: in the standard rate of VAT from 17.5 per cent to 20 per cent
: effective from 4 January 2011. So if you've been thinking about
: updating your motorcycle with parts or accessories... Don't delay -

http://www.normanhyde.co.uk/news.php?id=89

A 20% sales tax? That seems extreme to me. I thought our BC, Canada
HST (Harmonized Sales Tax) was steep at 12%.

SQ

 
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The Older Gentleman
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      11-28-2010, 09:30 PM
sean_q <(E-Mail Removed)> wrote:

> From Norman Hyde's website:
>
> : UK VAT rate change from 4th Jan 2011
>
> : In his 2010 Emergency Budget the Chancellor announced an increase
> : in the standard rate of VAT from 17.5 per cent to 20 per cent
> : effective from 4 January 2011. So if you've been thinking about
> : updating your motorcycle with parts or accessories... Don't delay -
>
> http://www.normanhyde.co.uk/news.php?id=89
>
> A 20% sales tax? That seems extreme to me. I thought our BC, Canada
> HST (Harmonized Sales Tax) was steep at 12%.
>


It's higher in some other European countries.

A number of things are also zero-rated for VAT.


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Try Googling before asking a damn silly question.
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Rusty Hinge
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      11-29-2010, 10:30 AM
The Older Gentleman wrote:
> sean_q <(E-Mail Removed)> wrote:


>> A 20% sales tax? That seems extreme to me. I thought our BC, Canada
>> HST (Harmonized Sales Tax) was steep at 12%.
>>

>
> It's higher in some other European countries.
>
> A number of things are also zero-rated for VAT.


Not (new) motorcycle parts, I'll warrant.

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Rusty
 
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The Older Gentleman
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      11-29-2010, 05:56 PM
Rusty Hinge <(E-Mail Removed)> wrote:

> The Older Gentleman wrote:
> > sean_q <(E-Mail Removed)> wrote:

>
> >> A 20% sales tax? That seems extreme to me. I thought our BC, Canada
> >> HST (Harmonized Sales Tax) was steep at 12%.
> >>

> >
> > It's higher in some other European countries.
> >
> > A number of things are also zero-rated for VAT.

>
> Not (new) motorcycle parts, I'll warrant.


Indeed not.


--
BMW K1100LT Ducati 750SS Honda CB400F Triumph Street Triple
Suzuki TS250ERx2 GN250. Only seven bikes now.
Try Googling before asking a damn silly question.
chateau dot murray at idnet dot com
 
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Ivan D. Reid
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      11-29-2010, 09:16 PM
On Sun, 28 Nov 2010 13:27:31 -0800, sean_q <(E-Mail Removed)>
wrote in <8PzIo.39902$(E-Mail Removed)>:
> From Norman Hyde's website:


>: UK VAT rate change from 4th Jan 2011


>: In his 2010 Emergency Budget the Chancellor announced an increase
>: in the standard rate of VAT from 17.5 per cent to 20 per cent
>: effective from 4 January 2011. So if you've been thinking about
>: updating your motorcycle with parts or accessories... Don't delay -


> http://www.normanhyde.co.uk/news.php?id=89


> A 20% sales tax? That seems extreme to me. I thought our BC, Canada
> HST (Harmonized Sales Tax) was steep at 12%.


Do you have to pay Federal sales tax too (GST?) -- it's too
long[24] since I lived in Wancouver, so I unforget all the details. Used
to keep getting caught out in The States because they displayed the
pre-tax prices on the shop shelves.

[24] 24 years.

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sean_q
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      11-30-2010, 12:13 AM
On 11/29/2010 2:16 PM, Ivan D. Reid wrote:

> Do you have to pay Federal sales tax too (GST?)


Yes. HST = GST + PST. Plus, there's a carbon tax on fuel
and an "environmental tax" on tires. Pretty soon there'll be
a "sex tax" on making love, and you'll need a permit number
tattooed on your butt.

SQ
 
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Rusty Hinge
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      12-01-2010, 12:43 PM
sean_q wrote:
> On 11/29/2010 2:16 PM, Ivan D. Reid wrote:
>
>> Do you have to pay Federal sales tax too (GST?)

>
> Yes. HST = GST + PST. Plus, there's a carbon tax on fuel
> and an "environmental tax" on tires. Pretty soon there'll be
> a "sex tax" on making love, and you'll need a permit number
> tattooed on your butt.


Dunno about that - the sex police won't be able to read it if she's on
top - oh - she's got one too?

That's a completely different kettle of^h^h^point of entry then.

--
Rusty
 
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