SET

http://www.saintsweb.co.uk/forum/showthread.php?t=5671

Ian Wright disproves that theory

and another one season ticket holders have pre-paid for their seats, which are now subject to 15% vat not he 17.5% at time of purchase. i assume the club will increase baseline price so those tickets are still worth the same.

Mobile phone firms are a prime example as the type of comapny that might change their ex vat price. for arguments sake, lets say Mr Tom's Mobile operator has 10m customers on £35 a month contracts, he's actually getting £29.79 before vat. 10,000,000 x 29.79 = £297,900,000 so now to keep customers at £35 a month they change the ex vat to £30.5 10,000,000 x 30.5 = 305,000,000 they've just legally generated an extra £7.1m of revenue

nothing to be signed off by auditors its down to a company to decide its pricing structure where customers are used to seeing only the VAT-inclusive price, it would be relatively easy for a company to keep your prices at the same level as they were before the VAT reduction, meaning an extra 2.5 per cent of profit added straight to the bottom line. This is not what the Chancellor intended but it is perfectly legal and, in these difficult times, is likely to be a course of action taken by many businesses.

nothing which is what krissyboy seems to be missing.

exactly

No i'm defo right, being that i've been in a meeting today with heads of finance, discussing how we will not be passing on the value of the VAT drop. and that's a company whose balance sheet dwarfs any football clubs.

there is no law to say a company must pass on the vat change to consumers.

Erm and i think its arse. if he wanted to stay, he would have said no to stoke. simple really

they're doing the sensible thing and waiting for administration and the chance to buy a debt free club for a bargain price

No Women At Football