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apom

Take This Seriously.

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http://www.theregister.co.uk/2006/04/25/vat_fraud_figures/

The first year on year drop in VAT receipts since the tax was launched over 30 years ago, latest government figures show.

okay they blame it on "Spiralling missing trader fraud has led to2

but these figures cannot lie..

So only what caused them can be twisted...

It has nothing to do at all with the trouble on the high street we ahve heard so much about

Edited by apom

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As I have posted before,there is serious retail problems.Am I right in saying that Obersturnbannfurer Bruan said that the ``economic miracle`` was retail led?What I am experiencing from my customers is now approaching total doom and gloom.Just returned from a visit to hotelier friends,from last year onwards their receipts are falling in an alarming fashion.

Seems to me that folks are now running out of credit lines and can spend no more!!!!

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whats VAT then?

;)

about 17.5% on everything you buy apart from some foods and books.

lower VAT returns means that less was sold.

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ahh

thats why the garage accept a cheaper price if its paid cash in hand

I see your point though - but maybe more people are willing to pay cash in hand because they are strapped for cash.... Maybe a contributory factor in addition to people spending less

+and skint traders reporting "less sales" to avoid paying VAT

Edited by notanewmember

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VAT drops

That would be ... errrr.... Crime...

More houses per head of capita then at any time...

That would be...... errrr.... We all want to live alone.. with another place for our shoes.. we need all of these properties...

Dropping prices...

That would be...... errrrr... We can buy bargains now... BMV's below market value..

ERrrrrrrr......

something.. eerr

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Guest Bart of Darkness

im about as concerned about vat fraud as i am mortgage self cert fraud.

you cant stop one while allowing the other.

Mortgage self cert fraud helps the government by bolstering the housing market and thus the "miracle economy". VAT fraud takes precious cash from Gordy's coffers and leaves him with less money to fritter uselessly away.

Stealing money from our beloved government is obviously the bigger crime. ;)

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Is this the IR cut thread? Or am I at the wrong party?

:lol:

TTRTR - It will not matter which way rates go once asset price deflation is in full swing.

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Guest Bart of Darkness

Is this the IR cut thread? Or am I at the wrong party?

:lol:

You should have turned up a year ago for that one!

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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