I'm guessing that pretty_p is financially comfortable hence her rantings. Its the poor students, unemployed and those in a low earning bracket that are hit hardest.
Equipment and all goods will increase in price this year - add to that the VAT hike.
It`s not affordable to everyone PP. I just don`t understand why you can`t grasp that.
You might be hunky dory - not everyone is!
Yes it's called inflation and generally wages will rise to couteract the full impact of this - it happens most years nothing new.
It`s not affordable to everyone PP. I just don`t understand why you can`t grasp that.
You might be hunky dory - not everyone is!
Yes it's called inflation and generally wages will rise to couteract the full impact of this - it happens most years nothing new.
I'm guessing that pretty_p is financially comfortable hence her rantings. Its the poor students, unemployed and those in a low earning bracket that are hit hardest.
Actually I am a recent gradute currently in the low earning bracket but I have the common sense to live within my means therefore I need not be concerned about such a small rise.
Actually I am a recent gradute currently in the low earning bracket but I have the common sense to live within my means therefore I need not be concerned about such a small rise.
Yep Jingle Bells, the Tories and their parasite lib dems favourite targets.
Because dominos pizzas are a necessity aren't they. You have actually just proved my point there - thanks!!
Hmm, maybe the sarcasm is a little bit lost here.
Hmm, maybe the sarcasm is a little bit lost here.
Actually I am a recent gradute currently in the low earning bracket but I have the common sense to live within my means therefore I need not be concerned about such a small rise
>
-So you are a recent graduate which means that the increased student tuition fees doesn't affect you
-You have just graduated so its doubtful you live on your own, so you probably still live with your parents, so you don't foot too many bills yourself?
What I just said is full of ifs and buts but then so is your entire reasoning on this thread.
>
-So you are a recent graduate which means that the increased student tuition fees doesn't affect you
-You have just graduated so its doubtful you live on your own, so you probably still live with your parents, so you don't foot too many bills yourself?
What I just said is full of ifs and buts but then so is your entire reasoning on this thread.
Ooooh noooo but but what about the boots that I need 
Reference:
Yes it's called inflation and generally wages will rise to couteract the full impact of this - it happens most years nothing new
My son's wages have just gone down not up. My other son is a student and will lose his ÂĢ30 a week EMA.
Reference:
a 2.5% increase can be just that tiny little difference that is the last straw in someone's budget plans [e.g. in a cumulative way over the past year of cuts] that makes everything finally go tits up where once they were hanging on. .be it personal or a business with the later having a huge knock on effect on others too....
well exactly, because its not just a VAT increase.. it's a VAT increase on top of all the other increases, pay freezes, benefit reductions/freezes and hikes in things like fuel costs etc
Lots and lots of jobs do not get wage increases year on year....
-So you are a recent graduate which means that the increased student tuition fees doesn't affect you
Increased student tuition fees are not going to affect anybody for roughly 3 years yet AND when they do graduates will actually be getting a better deal as they will not have to pay anything back until earning a minimum of ÂĢ20,000 as opposed to the curent minimum of ÂĢ15,000. Please don't get me started on this one.
Increased student tuition fees are not going to affect anybody for roughly 3 years yet AND when they do graduates will actually be getting a better deal as they will not have to pay anything back until earning a minimum of ÂĢ20,000 as opposed to the curent minimum of ÂĢ15,000. Please don't get me started on this one.
Reference:
Lots and lots of jobs do not get wage increases year on year....
we got a cost of living increase this year, not sure if thats typical or not... wasn't a wage increase cos I'm sure they have been froxen for 3 years - we're public sector
Reference: PP
Yes it's called inflation and generally wages will rise to couteract the full impact of this - it happens most years nothing new.
Not every wage increases and not everyone earns a wage.
VAT when first introduced was classed as a so called "luxury Tax" it would be on certain foodstuffs,sweets chocolates etc.Restaurants ,take aways etc.However over the years it's being applied to more and more basic needs.One of which is bloody utility bills,gas,electicity,oil etc.Albeit at a reduced rate but it's still bloody there.
increased student tuition fees are not going to affect anybody for roughly 3 years yet AND when they do graduates will actually be getting a better deal as they will not have to pay anything back until earning a minimum of ÂĢ20,000 as opposed to the curent minimum of ÂĢ15,000. Please don't get me started on this one.
So you don't care because its not for another 3 years? On average Students will have to pay back an extra ÂĢ21-25k on top of their current ÂĢ20k. Regardless of when they have to pay it back, and I personally would prefer to pay my loan back as soon as possible rather than be saddled with it the rest of my life.
How on earth is someone supposed to raise a family, get a mortgage while having about ÂĢ40,000 worth of debt?
So you don't care because its not for another 3 years? On average Students will have to pay back an extra ÂĢ21-25k on top of their current ÂĢ20k. Regardless of when they have to pay it back, and I personally would prefer to pay my loan back as soon as possible rather than be saddled with it the rest of my life.
How on earth is someone supposed to raise a family, get a mortgage while having about ÂĢ40,000 worth of debt?
http://www.hmrc.gov.uk/vat/for...s/goods-services.htm
here's the bumph if anyone wants to trawl through it.
here's the bumph if anyone wants to trawl through it.
Reference: RR
How on earth is someone supposed to raise a family, get a mortgage while having about ÂĢ40,000 worth of debt?
Yeah...Reference:
I personally would prefer to pay my loan back as soon as possible rather than be saddled with it the rest of my life
I was gonna do that til my dad convinced me not to as it's not 'proper debt'
Meaning its not secured against anything and the interest rate is comparatively low... I put money into savings accounts instead, which at the time was good cos the interest rates were really high, not so good now though 
Reference:
Yes it's called inflation and generally wages will rise to couteract the full impact of this - it happens most years nothing new.
No they won't and no it doesn't. I really don't think you have had much experience of working in the real world or how businesses operate in times of financial hardship.
Although kattymiewww has provided a link to what has VAT and what doesn't, the main things which don't have VAT are:
Food bought in shops other than alcoholic drinks, confectionery, crisps and savoury snacks, food for catering or hot takeaways, ice cream, soft drinks and mineral water.
Childrens and babies clothing
Travel on buses, trains and most planes
Books, magazines and newspapers
Postage stamps
Majority of health care and prescriptions
Education
There are lots of other things with no VAT, but those are the commonest. Also there is a lower rate for residential gas, electricity and heating oil.
Although there is no VAT on insurance, there is an insurance tax on many types which amounts to the same thing.
Food bought in shops other than alcoholic drinks, confectionery, crisps and savoury snacks, food for catering or hot takeaways, ice cream, soft drinks and mineral water.
Childrens and babies clothing
Travel on buses, trains and most planes
Books, magazines and newspapers
Postage stamps
Majority of health care and prescriptions
Education
There are lots of other things with no VAT, but those are the commonest. Also there is a lower rate for residential gas, electricity and heating oil.
Although there is no VAT on insurance, there is an insurance tax on many types which amounts to the same thing.
Reference: katty
here's the bumph if anyone wants to trawl through it.
Nice to see that 'sanitary products' still count as luxuries, and that child car seats and other child protection products are charged at the 5% rate, whilst motorcycle helmets are at 0%!
The childrens clothing thing is ridiculous though...cos it only covers shoes up to size 5.5...after that they are adults and the price shoots up....my son was that size at 9!
And now he is just 12 and has to wear all adult sizes for clothes and everything....therefore paying VAT on al of it.
And now he is just 12 and has to wear all adult sizes for clothes and everything....therefore paying VAT on al of it.
Oh yes Blizzie I remember yonks ago when a woman MP tabled a question about VAT on sanitary products etc as a "luxury" Some old duffer Tory replied we could use rags as in days gone by.Hope he's deid now.
Reference: pretty_p
Increased student tuition fees are not going to affect anybody for roughly 3 years yet AND when they do graduates will actually be getting a better deal as they will not have to pay anything back until earning a minimum of ÂĢ20,000 as opposed to the curent minimum of ÂĢ15,000. Please don't get me started on this one.
So, why are the government borrowing money, to lend to students, which they will not get back for years and years? How will this help pay off the deficit and will they change it back, when the deficit is paid off?I think you'll find this was an ideological move, which our children will be paying for, for generations to come, slipped into the mix, under the cover of paying for bankers' mistakes and bonuses Labour's legacy.
Yea Croc and children are much taller etc than they were years ago.
Reference: katty
Oh yes Blizzie I remember yonks ago when a woman MP tabled a question about VAT on sanitary products etc as a "luxury" Some old duffer Tory replied we could use rags as in days gone by.Hope he's deid now.
Makes me blood boil, so to speak!
Even money pp's a futures trader.
Well my sanitary product days are behind me now,being in me hot flushes stage.I look forward to paying VAT on me Tenas...
Don't know if its still the case but sanitary products had vat as they were seen as a luxury but razors didn't have vat as they were seen as a necessity as all men had to appear clean shaven in public.
Reference:
Travel on buses, trains
The Oyster fares in London have risen by a minimum of 5.6% and some have risen by 25%, so a 2.5% VAT increase instead would have been preferable.
So you don't care because its not for another 3 years? On average Students will have to pay back an extra ÂĢ21-25k on top of their current ÂĢ20k. Regardless of when they have to pay it back, and I personally would prefer to pay my loan back as soon as possible rather than be saddled with it the rest of my life.
How on earth is someone supposed to raise a family, get a mortgage while having about ÂĢ40,000 worth of debt?
I personally couldn't care less about how much student debt I have and tbh most of the people I know don't give it a second thought There is no point paying it off in one lump sum jut wait until ithas to be paid - earning the min of ÂĢ15,000 now would result in re-payment of around ÂĢ3 a month - hardly worth losing sleep over.
How on earth is someone supposed to raise a family, get a mortgage while having about ÂĢ40,000 worth of debt?
I personally couldn't care less about how much student debt I have and tbh most of the people I know don't give it a second thought There is no point paying it off in one lump sum jut wait until ithas to be paid - earning the min of ÂĢ15,000 now would result in re-payment of around ÂĢ3 a month - hardly worth losing sleep over.
I personally couldn't care less about how much student debt I have and tbh most of the people I know don't give it a second thought There is no point paying it off in one lump sum jut wait until ithas to be paid - earning the min of ÂĢ15,000 now would result in re-payment of around ÂĢ3 a month - hardly worth losing sleep over.
Thats what's wrong with the world, if people don't need to pay debts off then they don't. Is it any wonder the economy is in such a state of disarray when there are millions of pounds of student debt they people aren't paying back because they don't have to. I don't mean pay it off in a lump sum but even in instalments ÂĢ20k is a lot easier to pay back than ÂĢ40k.
Thats what's wrong with the world, if people don't need to pay debts off then they don't. Is it any wonder the economy is in such a state of disarray when there are millions of pounds of student debt they people aren't paying back because they don't have to. I don't mean pay it off in a lump sum but even in instalments ÂĢ20k is a lot easier to pay back than ÂĢ40k.
Ah youth..Debt: It'll all catch up with you later PP and bite you on the bum.
Har ,well off to make dinner.
If people didn't moan, we'd still have children going up chimneys. We'd still have public hangings. We'd still have women not allowed to vote.
Bring on the moaning, I say!
Bring on the moaning, I say!
And the levity 
It's a fair point. It's not increasing by much, but when you're not depending on every penny you have it's easy to forget/accept how difficult it might be for others who have to count every penny and any increase in costs can hit hard.
I don't think it's a large VAT increase. Ireland's VAT rate is 21% and I think it's going up again, by only half a per cent, but at this stage I just feel that money is being stripped from us workers who kept our heads down and worked said rear ends off during the boom years whilst the rich were passing money round the banks like it was a spliff. Stealth taxes are the sneakiest kind and on top of everything else it's a bit difficult to take.
I don't think it's a large VAT increase. Ireland's VAT rate is 21% and I think it's going up again, by only half a per cent, but at this stage I just feel that money is being stripped from us workers who kept our heads down and worked said rear ends off during the boom years whilst the rich were passing money round the banks like it was a spliff. Stealth taxes are the sneakiest kind and on top of everything else it's a bit difficult to take.