so tax is going up again to 20% petrol blooming high as it is along with elec gas etc we struggle atm its going to be worse when it goes up which i think it is tomoz!

anyone else the same? x

Yup we are in the same boat if there aim is to make family's struggle they have managed it

VAT you mean?

VAT is tax hunni (value added tax) ...its gonna hit me being a hairdresser all my products and colours have shot up meaning im going to have to put my prices up which i really dont want to do as im cheaper than i should be anyways but my clients obviously like it and i feel alittle harsh putting it up x

Lol i know VAT is tax i meant was that the particular tax they were on about is increasing as hadnt realised it was going to 20% i thought it was going back to 17.5.

Mario, it went back to 17.5 a while ago, its now going upto 20%

Lovely how we get shafted for the sake of the britsh bankers!!

ohhh no hun V.A.T is becoming 20% its rediculous! dont know how im going to tel my clients that prices need to go up hopefully they will understand x

Lol i gotta start watching the news instead of flamin beebies

Well lets face it the tories were never gonna keep taxes down. TBH much as i know the economy is unstable and needs repair i think they are doing too much too soon. Tax credits, child benefit, VAT its hitting the british public too hard and i think theres a fine line between recovery and further recession

agreed! I've said since they were elected that we will slump back into a recession.

They seem to be trying that well known medical technique of kill or cure!

The Tories seem to be out to $%^£ us over in anyway possible, they have always been the same, the one thing I would say though is I think realisticallly when they dropped VAT to 15% the other year, they new that they would have to increase it the other way to even it out if you get what I mean?? xx

well I filled my car up yesterday with petrol. VAT goes up today - the feckers

ah frick ! wish i had filled up my car now im nearing empty !

TBH though did anyone really notice the difference when it went down to 15%? I certainly didn't notice much benifit in my bank account as I tend to live to my means (really need to change that). Petrol prices are crippling something really needs to be done about that. I just hope to hell that this doesn't become a permenant change as long term it is extortionate. In the short term I think everyone has to suck it up as things simply couldn't carry on as before. It hurts everyone and it's going to have to hurt for quite a while as there is no magic fix. We simply can't carry on as we did before

i don't plan on buying many big purchases and my holidays for this year were booked last year before the hike. apart from petrol it's not really going to make that much of a difference.

Hmmm i hope the petrols already gone up because i can barely afford it now within weeks its gone frm 115 to 126 which is crazy! if its gonna go up again its ridiculous x

No long journeys for anyone anymore

I'm so glad that work pays for my petrol, or I'd be walking everywhere, it's ridiculous when you think that nearly 59p per litre is tax. I know we all have to pay taxes but I hate it that I pay tax on what I earn, tax on my savings and blooming tax on everything I buy too.

Iv just had to que 1/2 hour to get pertol! and moved twice to different stations gave up waiting, thought huh whats going on... then clicked!

only the ritch will have cars and poor have to walk!! but trouble is where I live middle of no where one bus a day!!!! and no trains so how to get to places??? argh if you live in cities and towns understand can get buses and all but we cant. argh we're going ot struggle loads xx

to be honest i dont even think petrol will be that much a difference either... its going to cost us about an extra 30p for every £10 x

A lot of companies will adsorb the increase, so we won't notice much of a difference or there may be no difference.

and it's really not to much I don't think. say a loaf of bread at £1.20 will now be £1.23

I like that the bread where u live is only 1.20 kelly! Ours is 1.40! X

when you break it down to individual items, no it's not much but if you add up what you spend on shopping, petrol etc over the course of a month, it's a big dent in people's income. Especially when you add on people losing child benefit, ctc and having reduced benefits elsewhere, some people are going to be much worse off in the future

Exactly Mandy. I don't drive (and right now, i'm actually glad) But as mandy said every little bit adds up and on your monthly incoming and outgoings it will make a difference am sure.

yes i understand this but as i said before we are not going to see the increase in everything. as a lot of companies will adsorb the increase.

With food i never noticed i was saving any money when buying the same shop on line from the same store for 4 months running over the two tax periods.