fiat_knox: silhouette of myself taken at sunrise (Default)
fiat_knox ([personal profile] fiat_knox) wrote2010-12-30 06:20 pm

That Value Added Tax Increase ...

On January 4, 2011, Value Added Tax goes up on goods from 17.5% to 20%. I just want to show what that means in real terms.

What The VAT Increase Means
To Typical High Street Prices


Price Ex VAT17.5% VAT+17.5% VAT20% Vat+20% VATPrice Increase

£0.99
£0.17£1.16£0.20£1.19£0.02

£1.00
£0.18£1.18£0.20£1.20£0.02

£1.99
£0.35£2.34£0.40£2.39£0.05

£2.00
£0.35£2.35£0.40£2.40£0.05

£2.49
£0.44£2.93£0.50£2.99£0.06

£2.50
£0.44£2.94£0.50£3.00£0.06

£2.99
£0.52£3.51£0.60£3.59£0.07

£3.00
£0.52£3.52£0.60£3.60£0.07

£3.99
£0.70£4.69£0.80£4.79£0.10

£4.00
£0.70£4.70£0.80£4.80£0.10

£4.99
£0.87£5.86£1.00£5.99£0.12

£5.00
£0.87£5.87£1.00£6.00£0.12

£5.99
£1.05£7.04£1.20£7.19£0.15

£6.00
£1.05£7.05£1.20£7.20£0.15

£8.99
£1.57£10.56£1.80£10.79£0.22

£9.99
£1.75£11.74£2.00£11.99£0.25

£10.00
£1.75£11.75£2.00£12.00£0.25

£15.00
£2.63£17.63£3.00£18.00£0.38

£19.99
£3.50£23.49£4.00£23.99£0.50

£20.00
£3.50£23.50£4.00£24.00£0.50

£29.99
£5.25£35.24£6.00£35.99£0.75

£30.00
£5.25£35.25£6.00£36.00£0.75

£39.99
£7.00£46.99£8.00£48.00£1.00

£40.00
£7.00£47.00£8.00£48.00£1.00

£49.99
£8.75£58.74£10.00£59.99£1.25

£50.00
£8.75£58.75£10.00£60.00£1.25

£59.99
£10.50£70.49£12.00£71.99£1.50

£60.00
£10.50£70.50£12.00£72.00£1.50

£69.99
£12.25£82.24£14.00£83.99£1.75

£70.00
£12.25£82.25£14.00£84.00£1.75

£80.00
£14.00£94.00£16.00£96.00£2.00

£90.00
£15.75£105.75£18.00£108.00£2.25

£99.99
£17.50£117.49£20.00£119.99£2.50

£100.00
£17.50£117.50£20.00£120.00£2.50

£150.00
£26.25£176.25£30.00£180.00£3.75

£199.99
£35.00£234.99£40.00£239.99£5.00

£200.00
£35.00£235.00£40.00£240.00£5.00

£249.99
£43.75£293.74£50.00£299.99£6.25

£250.00
£43.75£293.75£50.00£300.00£6.25

£299.99
£52.50£352.49£60.00£359.99£7.50

£300.00
£52.50£352.50£60.00£360.00£7.50

£349.99
£61.25£411.24£70.00£419.99£8.75

£399.99
£70.00£469.99£80.00£479.99£10.00

£400.00
£70.00£470.00£80.00£480.00£10.00

£449.99
£78.75£528.74£90.00£539.99£11.25

£450.00
£78.75£528.75£90.00£540.00£11.25

£479.99
£84.00£563.99£96.00£575.99£12.00

£480.00
£84.00£564.00£96.00£576.00£12.00

£499.99
£87.50£587.49£100.00£599.99£12.50

£500.00
£87.50£587.50£100.00£600.00£12.50

£600.00
£105.00£705.00£120.00£720.00£15.00

£700.00
£122.50£822.50£140.00£840.00£17.50

£800.00
£140.00£940.00£160.00£960.00£20.00

£900.00
£157.50£1,057.50£180.00£1,080.00£22.50

£999.99
£175.00£1,174.99£200.00£1,199.99£25.00

£1,000.00
£175.00£1,175.00£200.00£1,200.00£25.00


Basically, if you know that something that cost you £3 today has gone up to £4 or £5 on Tuesday, feel free to call Trading Standards on them. They'll be ripping you off.