Page 1 of 4 123 ... LastLast
Results 1 to 20 of 74
  1. #1
    Senior Member Podge's Avatar
    Join Date
    Jul 2004
    Posts
    2,406
    I can't honestly see all retailers passing this cut on to customers,can you?

  2. #2
    Senior Member Mike S's Avatar
    Join Date
    Jul 2004
    Posts
    30,852
    No, and I'll be having to correct the first 20 invoices I write because I'll forget that it's changed.

  3. #3
    Senior Member Klunk 's Avatar
    Join Date
    Jul 2004
    Posts
    3,800
    It would have to be a serious cut to make up for the £400 odd increase in the price of a new 5 spot frame due to the crash in the pound

  4. #4
    Senior Member JohnG's Avatar
    Join Date
    Jul 2004
    Posts
    16,849
    A guy I ride with has one of these BMCs Klunk, Turner technology and quality for a lot less, here in France anyway.

  5. #5
    Senior Member Mike S's Avatar
    Join Date
    Jul 2004
    Posts
    30,852
    OT in three posts!  Good efforts chaps.

  6. #6
    Senior Member JohnG's Avatar
    Join Date
    Jul 2004
    Posts
    16,849
    Well at least we're talking bikes rather than calling each other pricks or girlies. VAT is 19.6% here with anomalies like quality dark chocolate being at the lower 5.5% rate because it is considered a basic food stuff whilst milk chocolate is a luxury so taxed at 19.6.Most people don't seem to realise that VAT is a tax is a very unfair tax as it does not take into account the ability to pay. The rich pay a tiny proportion of their income and wealth in VAT whist the poor like all of us on here pay a high proportion. Happy now Mike? 

  7. #7
    Senior Member Mike S's Avatar
    Join Date
    Jul 2004
    Posts
    30,852
    John Gourette wrote (see)Well at least we're talking bikes rather than calling each other pricks or girlies. Don't worry I'm sure he'll be along later with a different slant on things.John Gourette wrote (see)Most people don't seem to realise that VAT is a tax is a very unfair tax as it does not take into account the ability to pay. The rich pay a tiny proportion of their income and wealth in VAT whist the poor like all of us on here pay a high proportion. The thing I find odd is the word 'value'.  If it were actually a value added tax then it couldn't be directly related to cost. John Gourette wrote (see)Happy now Mike? I'm always happy John.

  8. #8
    Senior Member Klunk 's Avatar
    Join Date
    Jul 2004
    Posts
    3,800
    back OT , I was actually looking @ the rfx to replace my coiler frame John, but that had no price listed and I'm only window shopping.

  9. #9
    Senior Member JohnG's Avatar
    Join Date
    Jul 2004
    Posts
    16,849
    #keeping it OT# I finally got the van to start before Barbara needed it so I can go out and play now. I replaced the battery but although it span faster it still wouldn't start, found a wiring fault which got power to the glow plugs but it still wouldn't start and finally after replacing the two dead glow plugs it clattered into life.Funny how I fix a 2mm buckle in a bicycle wheel immediately but put up with a vehicle that is reluctant to start until it won't start at all. 

  10. #10
    Senior Member Dalesman 's Avatar
    Join Date
    Jul 2004
    Location
    Yorkshire Dales, Gods County
    Posts
    21,381
    John Gourette wrote (see)Funny how I fix a 2mm buckle in a bicycle wheel immediately but put up with a vehicle that is reluctant to start until it won't start at all. Poor Time management skills
    Logical

  11. #11
    So a £1000 pound bike, ill save 25 quid.Also, with all the catalogue companies reduce there prices, eg Argos who have most probably printed next years catalogue already, then theres all the online retailers, will they reprograme the system, for 15% vat, not forgetting all the small shops and petrol stations.also stuff bought in advance will we be offered a refund of 2.5% vat.

  12. #12
    Senior Member Mike S's Avatar
    Join Date
    Jul 2004
    Posts
    30,852
    Why all the fuss?  They've changed the VAT % before.

  13. #13
    Senior Member Jen J's Avatar
    Join Date
    Jul 2004
    Posts
    8,937
    Sadbloke, but only in a cyberphysical way. wrote (see)So a £1000 pound bike, ill save 25 quid.Also, with all the catalogue companies reduce there prices, eg Argos who have most probably printed next years catalogue already, then theres all the online retailers, will they reprograme the system, for 15% vat, not forgetting all the small shops and petrol stations.also stuff bought in advance will we be offered a refund of 2.5% vat.Actually SB, you'll only save £21 28, assuming the £1000 is the retail price you're quoting.*takes pedant's hat off*

  14. #14
    £1000+ 17.5% = £1175£1000+ 15% = £1150 = £25.00

  15. #15
    Senior Member Mike S's Avatar
    Join Date
    Jul 2004
    Posts
    30,852
    LOL @ SB.  You said a £1k frame, your examples are for two different frames both over £1k.

  16. #16
    Senior Member Jen J's Avatar
    Join Date
    Jul 2004
    Posts
    8,937
    Sadbloke, but only in a cyberphysical way. wrote (see)£1000+ 17.5% = £1175£1000+ 15% = £1150 = £25.00But I assumed it was £1000 retail which is £851.06 + 17.5%=£1000so£851.06 + 15%=  £978.72a difference of £21.28

  17. #17
    Senior Member Nick Evans's Avatar
    Join Date
    Jul 2004
    Posts
    8,705
    Yes your logic is flawed SB, as the £1000 includes VAT.It's more like:£1000 - 17.5% =  £851.06£851.06 + 15% =  £978.72So as Jen said you save Just over £21, still means my Epic may cost £50 less!

  18. #18
    Senior Member Mr.Wilson's Avatar
    Join Date
    Jul 2004
    Posts
    5,214
    With catalogues etc that have been pre-printed there would surely be a reduction in the price paid at time of purchase, they do state in the small print that prices can fluctuate due to changes beyond their control. I see no reason why that shouldn't apply to changes downwards as well as up.I think it's a good thing but considering that we still import most of our goods it would make a bigger difference to the UK consumer if they were to change the duty rates rahter than the VAT, surely?

  19. #19
    Senior Member Jen J's Avatar
    Join Date
    Jul 2004
    Posts
    8,937
    Actually Nick it's not £1000 - 17.5% = £851.06its £1000 / 117.5 * 100 = £851.06  

  20. #20
    Senior Member Nick Evans's Avatar
    Join Date
    Jul 2004
    Posts
    8,705
    Ah yes, simultaneous posting first time with our calculations, I actually did 1000/1.175, I just couldn't be arsed to write that in my post, it seemed clearer to write it as £1000 - 17.5%, but surely that's evident from the fact I got the same figure as you!?

Similar Threads

  1. Replies: 15
    Last Post: 22-08-11, 20:48
  2. Replies: 1
    Last Post: 19-05-03, 13:14

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •