That’s where the consumer is wrong.
The Value Added Tax (VAT) rate on the sales and purchases of standard goods and services in the UK will increase from 17.5% to 20% on 4 January, 2011.
What does that mean?
All UK VAT registered businesses including an item on eBay.co.uk will need to include the new rate in their selling price.
I won’t even notice it...
Maybe so.. but your bank balance will feel it at the end of the month!
“Shoppers in the UK market and especially in the online industry will fail to recognise the inflation in VAT, continuing their online shopping seamlessly without actually realising the deficit in their bank balance – some E-tailers have allowed for the VAT Increase and are holding VAT cash back schemes or amazing January sales... Don’t be fooled, it won’t last long – take advantage while you can!”
Amazon is possibly the best known shopping website on the internet. It is probably easier to list all the things that Amazon don’t sell, as opposed to the products they do sell. Amazon e-Coupons will give you additional discount on your purchase… Whenever Amazon discounts & voucher codes are released www.myvouchercodes.co.uk aim to be the FIRST to promote them, check out their fantastic site for Amazon web special offers.
The freezing weather has forced many shoppers to delay buying presents, with one in five Britons expected to do some last minute shopping today. The result will mean “bumper" sales for retailers!
As much as £1 billion is expected to be spent on Christmas and sales shopping, excluding food, over Christmas Eve, Christmas Day and Boxing Day, according to exclusive research for The Daily Telegraph.
Don Williams, head of retail at accountants BDO - which carried out the research - said:
“Online sales on Christmas Day are set to soar and will easily beat the 14 per cent growth we saw in December 2008.
“The recent adverse weather has had an impact on retail sales. We predict this will lead to a boom on Christmas Eve when people can no longer postpone purchases and will tend to panic-buy higher value goods rather than hunt out bargains. Overall, spending this Christmas will be 3 per cent higher than last year.”
Richard Stables, chief executive of Kelkoo, said:
“Traditional January sales that start a few days after Christmas are a thing of the past. Many big retailers kick off the January sales by offering great discounts through their online sites from Christmas Day or even before, which is why we’re expecting Christmas Day 2009 to be one of the busiest online sales shopping days of the year. Coupled with the fact that people receive gift vouchers and cash for Christmas which they’ll be keen to spend, and the return of VAT to its full rate in January, it’s going to be a bumper year for sales bargain hunters.”
With every purchase you make – keep the cost of postage down with www.myparceldelivery.com – where you can compare, send and save on all those purchases you got for a good deal. Don’t be fooled in seeing an amazing price online and the fees of postage going through the moon!
0 comments:
Post a Comment
You can also follow any responses to all entry through the RSS Comments feed.