UK Money blog provides news and comment on the world of money, finance and investment. We cover mortgages, loans, leasing, insurance, credit cards, property, savings and taxation.
05 March 2009
Marks and Spencer Still Cutting VAT
There's been some debate about the value of the temporary reduction in VAT. Recent reports in the newspapers have even pointed out that some retailers have quietly managed to forget it and have moved prices back to their pre-December levels.
One retailer, however, is still keeping honest. Marks and Spencer. Today, I was cutting through my local branch on the way to the Post Office when I noticed that polo shirts were back in stock. These were labelled at £5 each. I couldn't resist buying one. At the till I presented my £5, only to be given 11p in change. This is just a tad more than the 2.13% reduction the VAT change should have made. Good old Marks and Spencer.
Labels:
Marks and Spencer,
VAT Reduction
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment