With Chancellor of the Exchequer Alistair Darling revealing plans to reduce VAT from 17.5 per cent to 15 per cent from December 1st, several retailers have expressed concerns that they may be impacted this weekend as shoppers wait for the reduction to be introduced – especially on large ticket items such as PCs.Are you expecting a quiet weekend? Do you feel that it is going to hurt you overall? Do you feel that it a whole load of fuss about nothing?
Are you worried about the cost of changing all your point of sale material and reprinting catalogues?
Or are you more worried at potentially losing 2.5 per cent on stock you've recently purchased but have yet to sell? Are you going to have to sell at a loss because the change has swallowed your margin?
Whatever you do in the channel, if you feel you will be impacted by the change in VAT, we want to hear from you. To air your views, email Ben.Furfie@intentmedia.co.uk and we'll post your responses on the website.
Please include your full name, place of business or if you prefer, state that you wish to remain anonymous. Regardless of whether you want to be identified or remain anonymous, please state what you are within the channel (retailer, reseller, distributor etc).
Advertisement
Related Stories
- HP expands partner programme Feb 14th 2012 at 9:43AM
- VIP creates dedicated corporate reseller team Feb 13th 2012 at 11:07AM
- Caseking.de buys Overclockers UK Feb 9th 2012 at 7:52AM
- Distree 2012: A report from the ground Feb 8th 2012 at 5:34PM
- HP Folio 13-1000 ultrabook a DSG exclusive Feb 8th 2012 at 6:06AM
- PCR RETAIL BOOT CAMP: Dedicated website now live! Feb 2nd 2012 at 11:42AM
- GAME denies immediate stock problems Feb 1st 2012 at 1:56PM
- Sennheiser partners with Midwich Jan 26th 2012 at 11:36AM
- Widget appointed Gemini Devices distributor Jan 26th 2012 at 11:32AM
Follow Follow this article if you would like to receive notifications of updates.
Add a new comment
You need to be logged in to post comments. If you do not have an account then please register.
Comments
0 comments
There are no comments yet, be the first to add one!