#9499942, By elstoof RIP Margaret Thatcher

  • elstoof 11 Apr 2013 22:02:13 19,925 posts
    Seen 2 minutes ago
    Registered 13 years ago
    I don't believe it did, I certainly didn't feel obliged to buy anything more than I would have normally, and saving 1.30 on a pair of jeans didn't make me rush down to the shops and buy them in bulk. The only savings you'd really see would be on big purchases like a car, and if you save a few hundred quid on your new 30k Audi all you'll do is upgrade the sound package. I sell luxury good for a high high price and the VAT savings were quite significant in my line of work - all it meant was our European customers wanted to pay their bills upfront and keep a few bob before the year ran out, costing us a fortune in the accounts dept to deal with it all as we can't actually file our earnings until the goods are shipped. Was a nightmare and we were actually out of pocket because we charged %15 but paid %20.
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