Budget - 22nd June

[nicwing]

OK boys and girls, I have a feeling in my water that this is going to get real nasty.

VAT to 20%
Huge hikes on duty on booze, fags and Cigars.

I'm going to be getting me a tuppador and stuffing the thing with all my smokes for the next year before smiling George does his business all over my life.

[Lionhound]

Agreed.

Think 20% VAT a certainty, happening in Europe so will happen here.

[Paulie]

The UK has always had a low level of VAT in comparison to other like for like countries so going up to 20% does seem a sensible option for them to take.

I would imagine there could be a public sector pay freeze for a few years or maybe a predetermined % increase year on year.

Whoever was the government would have to make serious changes in order to sort things out. It was clear that Labour held back from doing that at the last budget for fear of losing more votes, then hit us with it after they had won, if they did.

We just have to accept that we are in for a few years of higer taxes and lower spending until the deficit gets under control.

[Drewmidorn]

I imagine we may see VAT going on other items as well. Someone who knows much better than me my well correct me here, but much of Europe doesn't have a 0% VAT rate for essentils...its VAT on food and kids clothes too (why there isn't VAT on kids clothes is beyond me).

[Lee Nub]

As a retailer, i heard on the grapevine last week that several large high street stores are applying a VAT rise to stock coming in from the end of this month in preparation, so its pretty much a certainty now.

[nicwing]

I imagine we may see VAT going on other items as well. Someone who knows much better than me my well correct me here, but much of Europe doesn't have a 0% VAT rate for essentils...its VAT on food and kids clothes too (why there isn't VAT on kids clothes is beyond me).

Easy to tell you aren't a breeder Drew!!

[DeadBase]

Time to fill those 'dors I think everyone. Batten down the hatches, keep calm and carry on.

[PoohBore]

Budget - 22nd June

Time to fill those 'dors I think everyone. Batten down the hatches, keep calm and carry on.

As luck would have it I've just come back from Cuba :-)

[Drewmidorn]

Easy to tell you aren't a breeder Drew!!

Bah humbug!

I intend to be a lonely old man... not much further to go then!

D

[r0lan6]

All Labour's fault with their spend, spend, spend... Deja vu from elections past?

Better get all you behike orders in then.

[eggopp]

(why there isn't VAT on kids clothes is beyond me).

Its especially arranged for me, coz im a short arse and i discovered a few years ago i can get in teenagers shirts and trousers... save me money

[Lee Nub]

Your a lucky guy steve, I'm 6ft 2 with a 66 inch chest, I have to buy mine special order lol

[eggopp]

And there i was Lee thinking you walked around in that Star Wars Trooper suit all the time!!

[Lee Nub]

Lmao, only on my birthday

[Howling]

Time to fill those 'dors I think everyone. Batten down the hatches, keep calm and carry on.

Aye as the old WW2 poster says: "Keep calm and carry on"!