No VAT When Shopping
For the past few days since I am in London I have been noticing that most of my receipts don't have the VAT mentioned on them. Some places even have a sign saying they won't be charging VAT which I never bothered to read.
Something that I have been monitoring here from the first day is that I haven't seen that much tourist like before. Speaking to a few business man here some say that their business have been effected badly the others say they are still in better hands if not the best.
Yesterday while shopping around the lady at Selfridges mentioned that "Sir, the price is without VAT". I was quite surprised so I asked her the reason behind it. She said with the present economy crises the Tax department in UK have decided not to charge any more tax as of 1 December 2008 till further notice to give some boost to the business. She also mentioned that the prices will be increasing as of 1st March 2009. I don't know how much true is that but I think if anyone of you is visiting UK now its a good time to shop. They have some great deals on products.
UPDATE: I was informed wrong!!!!!@@!!!!! I went to purchase a wallet from Mont Blanc today and the salesman there informed me that no one can do that and we still have to collect the VAT from the airport. The only difference is that it has been reduced from 17.5% to 15%.
Something that I have been monitoring here from the first day is that I haven't seen that much tourist like before. Speaking to a few business man here some say that their business have been effected badly the others say they are still in better hands if not the best.
Yesterday while shopping around the lady at Selfridges mentioned that "Sir, the price is without VAT". I was quite surprised so I asked her the reason behind it. She said with the present economy crises the Tax department in UK have decided not to charge any more tax as of 1 December 2008 till further notice to give some boost to the business. She also mentioned that the prices will be increasing as of 1st March 2009. I don't know how much true is that but I think if anyone of you is visiting UK now its a good time to shop. They have some great deals on products.
UPDATE: I was informed wrong!!!!!@@!!!!! I went to purchase a wallet from Mont Blanc today and the salesman there informed me that no one can do that and we still have to collect the VAT from the airport. The only difference is that it has been reduced from 17.5% to 15%.
Comments
sij wayid '3alya? yegolon zadat il as3ar ib shakil mo 6abee3i
My Silhouette In Red: You need to visit it then....Its not as expensive like the people say...It all depends what you want to do :)
but why are prices increasing starting March 1st?
Fashionista: I think its like giving from this hand and taking from the other!
btw prices of brand names are also decreasing by maybe 10% here in dubai ..
i saw a GUCCI bag that costed 5400 awal ma nezlat .. but they lowered it to 4600 i think .. and no it's not on sale ! ..
bs wallah zain, at least they're doing something!!! mu e7na 5alf allah 3leena!! emsawiin hessa 3la el ma7fa9'aa elii 9arlhom shkther yetklmon 3nha!! =S
Glad, it's less Arabs back there so that you could enjoy it ;)
me
go
basically i got my new Burberry bag for peanuts
so which one of them are saying the truth?
Allah y3een
enjoooooooooooooooy