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London Transport (uk.transport.london) Discussion of all forms of transport in London. |
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#1
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Mike Bristow ) gurgled happily, sounding much like they were
saying : They pay VAT on the purchase of their bike I've never paid VAT on the purchase of a bike. I have several bikes. |
#2
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Adrian wrote:
Mike Bristow ) gurgled happily, sounding much like they were saying : They pay VAT on the purchase of their bike I've never paid VAT on the purchase of a bike. I have several bikes. But that's because you are a poor hard done by motorist who can only afford rusty hand-me-downs, instead of being a much more affluent and well-off car-free cyclist ;-) But then the last cycle I bought contributed around five times more in tax to the country's coffers than most people pay in VED :-( John B |
#3
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JohnB ) gurgled happily, sounding much like they were
saying : I've never paid VAT on the purchase of a bike. I have several bikes. But that's because you are a poor hard done by motorist who can only afford rusty hand-me-downs Well, I'd hate it if my bike showed my cars up for the rusty hand-me-downs they are... But then the last cycle I bought contributed around five times more in tax to the country's coffers than most people pay in VED :-( Eh? You spent FIVE AND A HALF GRAND ON A BICYCLE? ARE YOU BARKING? |
#4
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Adrian wrote:
JohnB ) gurgled happily, sounding much like they were saying : I've never paid VAT on the purchase of a bike. I have several bikes. But that's because you are a poor hard done by motorist who can only afford rusty hand-me-downs Well, I'd hate it if my bike showed my cars up for the rusty hand-me-downs they are... But then the last cycle I bought contributed around five times more in tax to the country's coffers than most people pay in VED :-( Eh? You spent FIVE AND A HALF GRAND ON A BICYCLE? Nope. John B |
#5
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JohnB ) gurgled happily, sounding much like they were
saying : But then the last cycle I bought contributed around five times more in tax to the country's coffers than most people pay in VED :-( Eh? You spent FIVE AND A HALF GRAND ON A BICYCLE? Nope. puzzled But you said you did. The VAT on a £5,500 bicycle would be £819, which is (slightly under) five times the £165 VED. |
#6
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Adrian wrote:
JohnB ) gurgled happily, sounding much like they were saying : But then the last cycle I bought contributed around five times more in tax to the country's coffers than most people pay in VED :-( Eh? You spent FIVE AND A HALF GRAND ON A BICYCLE? Nope. puzzled But you said you did. Nope. The VAT on a £5,500 bicycle would be £819, which is (slightly under) five times the £165 VED. My word. You have a calculator. And isn't £165 the top end of the scale? Is that the average paid? John B |
#7
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JohnB ) gurgled happily, sounding much like they were
saying : But then the last cycle I bought contributed around five times more in tax to the country's coffers than most people pay in VED :-( Eh? You spent FIVE AND A HALF GRAND ON A BICYCLE? Nope. puzzled But you said you did. Nope. The VAT on a £5,500 bicycle would be £819, which is (slightly under) five times the £165 VED. My word. You have a calculator. Good job one of us has. And isn't £165 the top end of the scale? Is that the average paid? You said "most people pay", not average - and I would lay odds that "most" VED are top-whack - certainly I would think that "most cars" are larger than 1549cc - although that may have skewed since the introduction of the CO2-based VED. |
#8
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![]() "Adrian" wrote in message . 244.170... JohnB ) gurgled happily, sounding much like they were saying : But then the last cycle I bought contributed around five times more in tax to the country's coffers than most people pay in VED :-( Eh? You spent FIVE AND A HALF GRAND ON A BICYCLE? Nope. puzzled But you said you did. The VAT on a £5,500 bicycle would be £819, which is (slightly under) five times the £165 VED. So he is assuming he is running a car for five years? hence five lots of VED? After all, you only pay the VAT on a bike once. Same as you only pay the VAT on a car once .,..... and a lot more than that on a pushbike ..... -- IanH |
#9
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ian henden ) gurgled happily, sounding much like they
were saying : Same as you only pay the VAT on a car once .,..... and a lot more than that on a pushbike ..... Absolutely... |
#10
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"JohnB" wrote in message
... Adrian wrote: Eh? You spent FIVE AND A HALF GRAND ON A BICYCLE? Nope. Oh, John, you bad man! Adrian - First up, you should probably read things a bit more carefully. Second - what's wrong with spending 5K or so on a bike? Plenty of people throw that much away in depreciation alone in the first year on their car, and I don't see you shouting at them. FWIW my rule is that no bike can cost less than the car. I'm just about obeying that one now - good thing cars are so cheap these days. cheers, clive |
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