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SV650.org - SV650 & Gladius 650 Forum (http://forums.sv650.org/index.php)
-   Bikes - Talk & Issues (http://forums.sv650.org/forumdisplay.php?f=129)
-   -   VAT Hike! (http://forums.sv650.org/showthread.php?t=160788)

danf1234 20-12-10 07:01 PM
VAT Hike!
 
When does this actually kick in? Is it on the 1st Jan? :confused:

Also who plans to make some expensive bike purchases before the deadline.

I want my Shoei Qwest, but not sure what to do?

peterco 20-12-10 07:02 PM
Re: VAT Hike!
 
4th january

barwel1992 20-12-10 07:02 PM
Re: VAT Hike!
 
Quote:
Originally Posted by danf1234 (Post 2444669)
When does this actually kick in? Is it on the 1st Jan? :confused:

Also who plans to make some expensive bike purchases before the deadline.

I want my Shoei Qwest, but not sure what to do?
no idea on the date but im ordering £120 worth of gaskets and piston rings before it does go up

danf1234 20-12-10 07:04 PM
Re: VAT Hike!
 
4th of Jan - Really?

christopher 20-12-10 07:10 PM
Re: VAT Hike!
 
http://www.hmrc.gov.uk/vat/forms-rat...e-guidance.pdf

danf1234 20-12-10 07:11 PM
Re: VAT Hike!
 
Quote:
Originally Posted by christopher (Post 2444679)

Thank you.

New Helmet to be purchased on the 3rd of Jan then!:eek:

Holdup 20-12-10 07:12 PM
Re: VAT Hike!
 
4th Jan

No VAT at all on crash helmets as they are a safety item

and on small things its barely anything, a customer asked the other day and i worked it out for her, on an item that is £107 atm it will be £109 next year

danf1234 20-12-10 07:23 PM
Re: VAT Hike!
 
Quote:
Originally Posted by Holdup (Post 2444681)
4th Jan

No VAT at all on crash helmets as they are a safety item

and on small things its barely anything, a customer asked the other day and i worked it out for her, on an item that is £107 atm it will be £109 next year
Seriously - No VAT on helmets. :confused:

Holdup 20-12-10 07:27 PM
Re: VAT Hike!
 
Yup

andrewsmith 20-12-10 07:28 PM
Re: VAT Hike!
 
Quote:
Originally Posted by Holdup (Post 2444681)
4th Jan

No VAT at all on crash helmets as they are a safety item

and on small things its barely anything, a customer asked the other day and i worked it out for her, on an item that is £107 atm it will be £109 next year
Any safety equipment is exempt! Hence why my Doc Martins are safety boots and not fashion ones!
http://www.hmrc.gov.uk/vat/forms-rat...services.htm#8

Some places are waiting until the next catalogues kick in (toolstation is 17.5% until the 11th of January)


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