Why Lowering V.A.T Is So Confusing

There have been so many times where I did not realise the prices shown in store still had the 17.5% V.A.T on it and was only taken off at the till. This has highlighted the strength of e-commerce against brick and mortar stores as well as the bad idea of lowering V.A.T for just over a year. Like many shops I don’t see the point of re-printing all the pricing labels for just a year. Although products get replenished, it would made it even more confusing having some products marked with 15% and others with 17.5%.

Seeing and hearing all the speculations for what will happen after the 13 months, all the shops are likely to have to re-print new price tags for everything if the government raises the tax beyond the 17.5% rate. I feel confused as a consumer and sorry for the retailers.

About Danny

I.T software professional always studying and applying the knowledge gained and one way of doing this is to blog. Danny also has participates in a part time project called Energy@Home [http://code.google.com/p/energyathome/] for monitoring energy usage on a premise. Dedicated to I.T since studying pure Information Technology since the age of 16, Danny Tsang working in the field that he has aimed for since leaving school. View all posts by Danny → This entry was posted in Blog and tagged brick and mortar, government, price tags, rate, speculations, tax, V.A.T. Bookmark the permalink.

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