Originally Posted by
polly_x
Can you imagine the work supermarkets are going to have to do in the next week.
Pretty much every product (excluding some low VAT ones) will have to be repriced. Every shelf edge label in thousands of stores reprinted, every piece of Point of Sale with prices are now wrong and requiring reprinting and changing. Every price marked pack effectively showing the wrong price. All the planning for xmas now needs re-thinking.
And all of this has to be diligently checked and double triple checked to ensure displayed prices are the same as the checkout reads. Probably hundreds of computer systems effected!!
Joy
supermarkets wont need to change much,its vat remember...
as for the stationary and adverts,you should always just put prices subject to vat,not the rate.
and the rate isnt on many business invoices either.