Jump to content
House Price Crash Forum

Rpiy - What Is It And What Would The Current Rate Be?


Recommended Posts

OK now I look stupid. Thanks for that. It has dropped a hal of a lot YoY when inflation has been going up, do you know why this would be an what indirect taxes it would relate to?

I have a price increase negotiation and have been asked to only increase prices by RPIY as benchmarked in August 2011 and to be honest I have no idea if this will be a good or a bad thing for me vs a RPI linked increase????

Link to post
Share on other sites

OK now I look stupid. Thanks for that. It has dropped a hal of a lot YoY when inflation has been going up, do you know why this would be an what indirect taxes it would relate to?

I have a price increase negotiation and have been asked to only increase prices by RPIY as benchmarked in August 2011 and to be honest I have no idea if this will be a good or a bad thing for me vs a RPI linked increase????

The principle indirect tax excluded from RPIY (effectively core inflation) is VAT. This was raised to 17.5% (from 15%) in January 2010. So you can see the effect of VAT on headline inflation. And VAT has just gone up to 20%,

Your price negotiator is requesting a price increase excluding the effect of VAT.

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    No registered users viewing this page.



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.