Wednesday, 8 December 2010

A WARNING ABOUT VAT

Earlier this week my wife went shopping. In one Departmental Store she collected a number of items and went to the cash desk to pay for them. She had noticed that every single item was more expensive than a short while ago so she queried this with the girl who was serving. “It’s due to the increase in VAT” she answered. “But that doesn’t come in until January” my wife replied. “Well we had to do it now as we won’t have enough time to do it for January”. My wife left the goods on the counter and left the shop. So be warned. It seems that some businesses are acting unscrupulously in the busy run up to Christmas by increasing prices before they need to do so and thereby increasing their profits.

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