Taxi Driver Online

Will Poundshops reduce their prices to 97.5p?

Another example of rip-off Britain...

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Charlton's lost past http://www.youtube.com/watch?v=jsFKWGlrze0
London's future? http://www.telegraph.co.uk/news/uknews/ ... rants.html

Im guessing they'll just slap on a 2.5p increase in prices rather than face the the Wrath of the Trades Description people...if Its A pound it has to be a pound

Near me the Poundshop has reacted to the global credit crunch and pending recession by becoming 'The 99p Shop'.

Adapt or die.

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Charlton's lost past http://www.youtube.com/watch?v=jsFKWGlrze0
London's future? http://www.telegraph.co.uk/news/uknews/ ... rants.html

I think I have made a slight mistake in the calculations
VAT on diesel is 19% so deduct the 4% VAT, then add 4% duty keeping it at the same price for the time being, then when they put the VAT reduction back on, it will go back up 4%

My meters being changed on Monday to take account of the VAT reduction.

Thats a thing, as VAT is not included on the meter price, due to every meter having to be at the same rate in there areas, but those larger companies who are over the vat threshold will have to reduce it to 15% for contracts and alike its going to be a mine field out there
This is why taxis and dare I say it PH with meters, should be VAT exempt, as there are more independents out there who like me dont even come close to the threshold

VAT on diesel is 17.5% (soon to be 15%)

Your theory is spot on though, skippy. What has been announced regarding fuel amounts to a duty hike on 1/1/2010

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http://wingsoverscotland.com/ http://www.newsnetscotland.com/

er, surely the vat on diesel was 17.5%?

first you pay duty, then the vat is added on top

tax on tax

i was told coach travel is vat free, so a company doesnt charge it, but can reclaim the vat off what fuel they pay for

sounds like a win/win situation

VAT has been 19% on diesel for a number of years, I'M not sure when they snuck it up though

This needs to be worked on by all the unions and individuals whats good for 1 lot should be good for everyone

Don't be silly, VAT on diesel is 17.5% just the same as petrol.

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Grandad,

No you have it wrong. coach travel, or any passenger transport that carries at least 8 passengers plus driver and crew is ZERO rated. Yes the vat on fuel is reclaimed but now the rate of vat has dropped by 2.5% they can claim back less but because the duty has risen, they will pay more for the fuel. So each litre of diesel bought from monday will cost aprox 2p more than it does now for vat registered company's which includes haulage company's as well.

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Grandad,

Just what the economy needs, an increase in the cost of moving goods around the country
Meanwhile the rest of us will catch up in terms of cost when the VAT rate goes back up

Do you ever get the impression someone is pi$$ing down your back and telling you it's raining

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http://wingsoverscotland.com/ http://www.newsnetscotland.com/

still better than the norm though, where a £200 job using a £100 supplier means sending HMRC £17.50....

(assuming all are vat regd)

when you say EIGHT passengers, do you include a PH 8+1 seater? and does it require i CARRY eight or CAN carry eight