# \[Archive\] GW UK passes on VAT cut...almost
**URL:** https://discourse.chaos-dwarfs.com/t/archive-gw-uk-passes-on-vat-cut-almost/9475
**Category:** \[Archive\] Off-Topic Discussion
**Created:** [24 December 2008 02:47 UTC](https://discourse.chaos-dwarfs.com/t/archive-gw-uk-passes-on-vat-cut-almost/9475 "2008-12-24T02:47:08Z")
**Posts on this page:** 7
**Page:** 1
### Author:  [@system](https://discourse.chaos-dwarfs.com/u/system)
#### Post date: [24 December 2008 02:47 UTC](https://discourse.chaos-dwarfs.com/t/archive-gw-uk-passes-on-vat-cut-almost/9475/1 "2008-12-24T02:47:08Z")
**Grimstonefire** :
Just noticed that GW has passed on the 2.5% VAT cut. Anyone know if they did this recently? An £18 regiment should now cost £17.55 and now costs £17.60??
So the first reduction in GW prices we’ve seen since… well ever I think?
Makes me laugh that they haven’t just passed on the full cut. It doesn’t affect their profits in any way whatsoever. Obviously they don’t want their staff handling 5 pence’s. Must be dangerous for their health or something 😛
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### Author:  [@system](https://discourse.chaos-dwarfs.com/u/system)
#### Post date: [24 December 2008 03:49 UTC](https://discourse.chaos-dwarfs.com/t/archive-gw-uk-passes-on-vat-cut-almost/9475/2 "2008-12-24T03:49:26Z")
**Godbob and his jolly rogers** :
It was to make it easier, but I thought they rounded it to the nearest 5p, seems not.
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### Author:  [@HashutsBlessing](https://discourse.chaos-dwarfs.com/u/HashutsBlessing)
#### Post date: [24 December 2008 04:11 UTC](https://discourse.chaos-dwarfs.com/t/archive-gw-uk-passes-on-vat-cut-almost/9475/3 "2008-12-24T04:11:03Z")
**Hashut’s Blessing** :
I knew nothing of this. Shame it’s such a small cut, but it;s less money to the government and more money for us 😛
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### Author:  [@system](https://discourse.chaos-dwarfs.com/u/system)
#### Post date: [24 December 2008 05:38 UTC](https://discourse.chaos-dwarfs.com/t/archive-gw-uk-passes-on-vat-cut-almost/9475/4 "2008-12-24T05:38:54Z")
**Kera foehunter** :
like i belive that hb!!! wow with the falling of oil prices! they should be lowing more ha HA
IF THEY USE THE SAME EXP. FOR RAISING THE PRICES
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### Author:  [@system](https://discourse.chaos-dwarfs.com/u/system)
#### Post date: [26 December 2008 11:34 UTC](https://discourse.chaos-dwarfs.com/t/archive-gw-uk-passes-on-vat-cut-almost/9475/5 "2008-12-26T11:34:35Z")
**snowblizz** :
> Just noticed that GW has passed on the 2.5% VAT cut. Anyone know if they did this recently? An £18 regiment should now cost £17.55 and now costs £17.60??
>
> So the first reduction in GW prices we've seen since... well ever I think?
>
> Makes me laugh that they haven't just passed on the full cut. It doesn't affect their profits in any way whatsoever. Obviously they don't want their staff handling 5 pence's. Must be dangerous for their health or something :P
>
> **Grimstonefire**
Well, you won't get a full 2.5% lowering of the price. It has to do with the way VAT is calculated. A 2.5% off VAT won't lower to the final price 2.5%, it will be a bit less, I think GW said 2.13%. They actually had a notice about it even including a mention of it not being a full 2.5%, I guess they realised people would think they were trying to trick them otherwise.
So they aren't actually doing it wrong, it just looks that way to the uninitiated. Its is a common misconception I've run across before. It's not quite as easy to calculate with the VAT as people seem to think.
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### Author:  [@cornixt](https://discourse.chaos-dwarfs.com/u/cornixt)
#### Post date: [26 December 2008 03:49 UTC](https://discourse.chaos-dwarfs.com/t/archive-gw-uk-passes-on-vat-cut-almost/9475/6 "2008-12-26T03:49:10Z")
**cornixt** :
Using actual maths:
(18/1.175)_1.15 = 17.62_
_(price removing 17.5%VAT)_ adding 15% VAT = new price.
So GW get 2p less profit per box.
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### Author:  [@HashutsBlessing](https://discourse.chaos-dwarfs.com/u/HashutsBlessing)
#### Post date: [27 December 2008 02:19 UTC](https://discourse.chaos-dwarfs.com/t/archive-gw-uk-passes-on-vat-cut-almost/9475/7 "2008-12-27T02:19:57Z")
**Hashut’s Blessing** :
snowblizz, I’d assumed that was the case.
Kera, I meant I didn’t know that GW was dropping prices.
Still, good they’re losing a tuppence profut per box. 😛 In a sense.