Home Accessibility Courses Twitter The Mouth Facebook Resources Site Map About Us Contact
 
For 2023 (and 2024 ...) - we are now fully retired from IT training.
We have made many, many friends over 25 years of teaching about Python, Tcl, Perl, PHP, Lua, Java, C and C++ - and MySQL, Linux and Solaris/SunOS too. Our training notes are now very much out of date, but due to upward compatability most of our examples remain operational and even relevant ad you are welcome to make us if them "as seen" and at your own risk.

Lisa and I (Graham) now live in what was our training centre in Melksham - happy to meet with former delegates here - but do check ahead before coming round. We are far from inactive - rather, enjoying the times that we are retired but still healthy enough in mind and body to be active!

I am also active in many other area and still look after a lot of web sites - you can find an index ((here))
VAT rise in January - it is really up 14% not just 2.5%

On 4th January, "the VAT rate goes up by 2.5%". With a typical annual inflation rate of between 3% and 4%, you may consider that to be a not-very-large increase - after all, it's only 8 or 9 months of inflation.

But hang on a minute. If I charge someone a 1000 pounds for something, and add on VAT, I'll be passing on 175 pounds to the taxman this year. Next year, I'll be adding 200 pounds to pass on - an extra £25, which is a stonking great tax increase of 14.3% ... and that's on top of any extra tax that the taxman gets because prices are rising with inflation

A few days ago, we completed our quarterly tax VAT return and paid the government another not-inconsiderable sum of money that we had collected for him (at our expense). As from January next year, a quarterly bill of 7000 pounds (high, but not out of the question, for us) would rise by a thousand pounds and become a quarterly bill of 8000 pounds.

So if someone tells you "VAT is going up by 2.5%", they're wrong. It's going up by 2.5 percentage points ... or (if you want to quote it in proper terms) "VAT is going up by 14.3%"




What would you say if we put our prices up by nearly 15%? I expect you would be very unhappy with us if you were a customer, and it might rapidly turn many of you into ex-customers! But the government has a monopoly so we're not given the free market choice in their case ... how very convenient for them!

(written 2010-11-03)

 
Associated topics are indexed as below, or enter http://melksh.am/nnnn for individual articles
Z301 - Current Affairs
  [33] 10 Years of experience - (2004-08-30)
  [377] A Strengthened City - (2005-07-14)
  [614] News in Ireland - (2006-02-20)
  [1214] New Serieses for the summer on TV - (2007-06-02)
  [1275] Incident in Melksham - (2007-07-24)
  [1960] Christmas Survivors - (2008-12-25)
  [1987] One Cheer for Local Democracy - Asda in Melksham - (2009-01-11)
  [2112] Whatever next ... the joys of being an employer - (2009-04-01)
  [2128] Wiltshire - where everybody matters - (2009-04-13)
  [2289] pre-Inaugural briefing - Melksham Community Area Partnership - (2009-07-15)
  [2508] Community Area Partnership - inaugural AGM - (2009-11-20)
  [2514] The road show has been - where now? - (2009-11-27)
  [2574] Summary of Wiltshire Core Strategy responses - (2010-01-13)
  [2602] East of Melksham - Building Work Starts - (2010-01-28)
  [2666] Random thoughts on Melksham Town Planning and development - (2010-03-08)
  [2776] Regional Spatial Strategy and the next 20 years - Whence Wiltshire under the new government? - (2010-05-22)
  [2852] Atworth Village Fete - on the Melksham Community Area Partnership stand - (2010-07-04)
  [2904] Melksham Area Board meeting of last week - (2010-08-04)
  [2982] Travel, Transport and Tourism - A vision for Melksham, 2026 - (2010-10-03)
  [2995] A river in Melksham is not just for boaters. - (2010-10-11)
  [3030] Liquorice allsorts and Dolly Mixtures - (2010-11-05)
  [3126] Car Parking in Melksham - thoughts on the proposed scheme, and wider thoughts too - (2011-01-09)
  [3183] Redevelopment on the banks of the Avon in Melksham - (2011-02-25)
  [3228] What can you take on a public footpath? Pram? Wheelbarrow? Dog? Shopping Trolley? Horse? Cycle? - (2011-04-03)
  [3231] Footpath, Bridleway, Byway, Road used as Public Path - (2011-04-04)
  [3265] Alternative Vote (AV) - cutting the crap - (2011-04-25)
  [3282] The future of canal management and charities - Kennet and Avon Canal bias - (2011-05-08)
  [3347] The Anthony trial - Orange County, Florida. Thoughts on conclusion - (2011-07-06)
  [3357] Business, priorities, and volunteering - (2011-07-14)
  [3385] Do university courses teach the right things for life at work later on? - (2011-08-10)
  [3467] Charities v Charitable. The cost of collecting your donation. - (2011-10-06)
  [3646] Exploring Melksham with a film maker - (2012-03-09)
  [3720] Melksham ATC - freedom of the town - (2012-05-05)
  [4429] Wind Turbines - beauty or menace? - (2015-02-17)
  [4599] Happy Christmas - and a Christmas thought - (2015-12-24)
  [4637] People matter - but there is a tradeoff between different people in there - (2016-02-01)
  [4691] Real life PHP application using our course training MVC example - (2016-06-05)


Back to
Server logs - drawing a graph of gathered data
Previous and next
or
Horse's mouth home
Forward to
PHP data sources - other web servers, large data flows, and the client (browser)
Some other Articles
Coincidence, or Conspiracy - a wrong email address
Get all your ducks in a row ... and they may turn into swans
PHP data sources - other web servers, large data flows, and the client (browser)
VAT rise in January - it is really up 14% not just 2.5%
Server logs - drawing a graph of gathered data
Coding efficiency - do not repeat yourself!
Learning to Program ... in PHP. Course examples.
Testing the new pavement ready for Christmas
Autumn walk from Bowerhill
4759 posts, page by page
Link to page ... 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59, 60, 61, 62, 63, 64, 65, 66, 67, 68, 69, 70, 71, 72, 73, 74, 75, 76, 77, 78, 79, 80, 81, 82, 83, 84, 85, 86, 87, 88, 89, 90, 91, 92, 93, 94, 95, 96 at 50 posts per page


This is a page archived from The Horse's Mouth at http://www.wellho.net/horse/ - the diary and writings of Graham Ellis. Every attempt was made to provide current information at the time the page was written, but things do move forward in our business - new software releases, price changes, new techniques. Please check back via our main site for current courses, prices, versions, etc - any mention of a price in "The Horse's Mouth" cannot be taken as an offer to supply at that price.

Link to Ezine home page (for reading).
Link to Blogging home page (to add comments).

You can Add a comment or ranking to this page

© WELL HOUSE CONSULTANTS LTD., 2024: 48 Spa Road • Melksham, Wiltshire • United Kingdom • SN12 7NY
PH: 01144 1225 708225 • EMAIL: info@wellho.net • WEB: http://www.wellho.net • SKYPE: wellho

PAGE: http://www.wellho.net/mouth/3028_VAT ... -2-5-.html • PAGE BUILT: Sun Oct 11 16:07:41 2020 • BUILD SYSTEM: JelliaJamb