Using your logic, let's see how many countries deal with price control regulations...you do realize that VAT inclusive and exclusive pricing are the same? At the end of the day the total at the end of the bill is the same. A $10 item pre-VAT...government tells me I must charge 0.75. vat inclusive, i charge you a flat price of 10.75...0.75 goes to government...vat exclusive i charge you 10.00+0.75 VAT...total 10.75...0.75 still goes to government, but you see what the government portion of the tax is...so we go to a tax inclusive setup...but price control says I can only charge $10.00... Everyone gets pissed off because I charge $10.75...bad karma falls on the business not the government, and you get twits like Bowe jumping up and down like idiots stirring the pot, when, in actual fact...VAT can be charged above the price control pricing schedule...
How many countries in your equation have to deal with the same price control configurations and scenarios...count them please.
Nope...barely a peep about the correct price of eggs...peep peep...the furor that surrounded that and frenzy in the community that built up around that, and barely even the smallest 'peep'. The Tribune did run an article, so that bit was done, but all those people who where up in arms...not a single one came back in and said...oh...OK...I guess Mr. Roberts is NOT this evil price gouger...he got the governments stamp of approval that his price was legitimate and within the price control guidelines as it pertains to eggs.
My question regarding their receipts then would be...were they charging that 10% gratuity before January 1st? Must be SO nice to have political connections and not have to pay your BEC bills and can totally disrespect the new VAT implementation.
B_I_D___ says...
Epic!!...and spot on!! LOL
On Young Man's View: The Bahamas in 2015 as seen by the PM (according to Adrian Gibson)
Posted 9 January 2015, 8:08 a.m. Suggest removal
B_I_D___ says...
BINGO!!! Give that man a prize!!
On 'Why let bank chief linger another six months?'
Posted 8 January 2015, 3:37 p.m. Suggest removal
B_I_D___ says...
Agreed...retarded suggestion, I won't say ever, but it's pretty close.
On FNM promises to bring in annual tax-free day
Posted 8 January 2015, 3:31 p.m. Suggest removal
B_I_D___ says...
Using your logic, let's see how many countries deal with price control regulations...you do realize that VAT inclusive and exclusive pricing are the same? At the end of the day the total at the end of the bill is the same. A $10 item pre-VAT...government tells me I must charge 0.75. vat inclusive, i charge you a flat price of 10.75...0.75 goes to government...vat exclusive i charge you 10.00+0.75 VAT...total 10.75...0.75 still goes to government, but you see what the government portion of the tax is...so we go to a tax inclusive setup...but price control says I can only charge $10.00... Everyone gets pissed off because I charge $10.75...bad karma falls on the business not the government, and you get twits like Bowe jumping up and down like idiots stirring the pot, when, in actual fact...VAT can be charged above the price control pricing schedule...
How many countries in your equation have to deal with the same price control configurations and scenarios...count them please.
On Super Value lacks documents to help price control
Posted 7 January 2015, 11:48 p.m. Suggest removal
B_I_D___ says...
Wonder how much VAT he ga owe an not pay!!
On Mario's not yet charging VAT - and says 10 per cent tax on receipts is actually gratuity
Posted 7 January 2015, 4:07 p.m. Suggest removal
B_I_D___ says...
I'll happily call it gambling if it will get them to stop bloody texting me!!
On BTC rejects leader's claim that text promotion is gambling
Posted 7 January 2015, 4:06 p.m. Suggest removal
B_I_D___ says...
The truth does indeed hurt...easier to hurl stones at somebody than apologize.
On Super Value lacks documents to help price control
Posted 7 January 2015, 3:44 p.m. Suggest removal
B_I_D___ says...
It's bred into their potcake souls to cheat the government.
On Mario's not yet charging VAT - and says 10 per cent tax on receipts is actually gratuity
Posted 7 January 2015, 3:42 p.m. Suggest removal
B_I_D___ says...
Nope...barely a peep about the correct price of eggs...peep peep...the furor that surrounded that and frenzy in the community that built up around that, and barely even the smallest 'peep'. The Tribune did run an article, so that bit was done, but all those people who where up in arms...not a single one came back in and said...oh...OK...I guess Mr. Roberts is NOT this evil price gouger...he got the governments stamp of approval that his price was legitimate and within the price control guidelines as it pertains to eggs.
On Price Control ‘demonisers’ threaten to undermine VAT
Posted 7 January 2015, 3:41 p.m. Suggest removal
B_I_D___ says...
My question regarding their receipts then would be...were they charging that 10% gratuity before January 1st? Must be SO nice to have political connections and not have to pay your BEC bills and can totally disrespect the new VAT implementation.
On Mario's not yet charging VAT - and says 10 per cent tax on receipts is actually gratuity
Posted 7 January 2015, 1:06 p.m. Suggest removal