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I'm hoping three will recalculate my bills down to the new 15% rate of VAT, however I believe that they will increase the price plan to give the same overall amount. Can't really see the networks breaking away from their nicely rounded £15 / £20 £25 etc... per month figures.
I hope to be suprised, but am not holding my breath.
Trevor.
It's like being given £5 to spend on sweets but to be shared between you and your brothers...but keeping it all and telling your brothers to go look after themselves.
64p per month saved. woo hoo.
Can you imagine all the highstreet shops, newspapers, magazines with banner ads of "Only £29.36 / month on T-Mobile!"
Do you really want to do this for what is only a temporary drop in VAT?
I imagine many businesses meeting rounded, easily-digested price points will not shift either. There's a reason why they used easily-understood pricepoints.
So the headlines remain the same, but the amount charge on the bill reduces. Fair 'nuff.
....but I can imagine this may confuse the hell out of many expense claims, depending on how it's enacted: "So, Jenkins, you were billed £30 but only paid £29.36. Where's your receipt for £29.36 eh?"
"Er...dunno boss...here's my bank statement if it helps"
/m
Good strategy on pre payment top ups too I thought.
Cheers for now,
Trevor.
With VAT changing down to 15% that means that business are going to have to pay to change there accounting systems. now as this is only a temporary cut untill the end of 2009 i belive. When it comes to increasing that extra 2.5% again Business will need to restore back to the origonal VAT leval systems.
I total this could cost a significant amount which would be subjected onto us anyway. its going to be intresting to see which of the companys dont push this cost onto there consumers.
I think that we will have to just wait and see really.