I was stood behind a person in a shop this morning who was querying the prices of his takeaway food, the manager came over and said they would only be reduced when they restock the items as the shop had already paid the higher rate for the produce!
Am I right in calculating that for something (like a haircut) that cost €10, should now only cost approx €9.60 after the decrease is applied?
I must check out the local indian restaurant where I get my take-away from. The mains are normally around the €10 mark.
Does the decrease apply to theatre tickets?
I was checking out tickets for an upcoming play and they are priced at 25, 30 and 35. If the decrease is applied the should be approx 24, 29 and 34.
Will the prices change.
DB74 said:Well that manager is a moron, at best!
I don't think that most of the shops are going to lower their current price by 3.96% just to give the public the VAT rate reduction.
As for consumers the prices are displayed including VAT, so they are just going to leave everything as it is, pocket the increased net amount and pay less to the taxman.
The cost of printing new menus, price tables and displays is just to great to cope with this.
In the US for example the shops have the prices without tax which are added at check-out, in that case the decreased sales tax would benefit the consumer, but in our little country where the price displayed is the end price to the consumer it's just not going to go into your pocket.
Or has anybody found any shop that acutualy went there and cut their prices?
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