VAT to increase?!

Discussion in 'Classic Motorbikes' started by sean_q, Nov 28, 2010.

  1. sean_q

    sean_q Guest

    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
     
    sean_q, Nov 28, 2010
    #1
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  2. It's higher in some other European countries.

    A number of things are also zero-rated for VAT.
     
    The Older Gentleman, Nov 28, 2010
    #2
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  3. sean_q

    Rusty Hinge Guest

    Not (new) motorcycle parts, I'll warrant.
     
    Rusty Hinge, Nov 29, 2010
    #3
  4. Indeed not.
     
    The Older Gentleman, Nov 29, 2010
    #4
  5. sean_q

    Ivan D. Reid Guest

    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.

    --
    Ivan Reid, School of Engineering & Design, _____________ CMS Collaboration,
    Brunel University. Ivan.Reid@[brunel.ac.uk|cern.ch] Room 40-1-B12, CERN
    GSX600F, RG250WD "You Porsche. Me pass!" DoD #484 JKLO#003, 005
    WP7# 3000 LC Unit #2368 (tinlc) UKMC#00009 BOTAFOT#16 UKRMMA#7 (Hon)
    KotPT -- "for stupidity above and beyond the call of duty".
     
    Ivan D. Reid, Nov 29, 2010
    #5
  6. sean_q

    sean_q Guest

    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
     
    sean_q, Nov 30, 2010
    #6
  7. sean_q

    Rusty Hinge Guest

    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 Hinge, Dec 1, 2010
    #7
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