Archive for the ‘UK VAT PYRAMID SCANDAL’ Category

PYRAMID SCANDAL UK VAT

Wednesday, April 4th, 2012

VAT SCAM SCANDAL,

Ask yourself do you pay 20% VAT on your bicycle, or 500% and more on your car,  now look at a typical business.

Take for example a small mining company selling iron ore at £100 per ton, to a UK stockholder.

Lets now assume each Company below add 20% Profit, 20% for Transport and 20% for VAT

 

  •  Stockholder sells to smelter                                          £160
  • Smelter sells ingots to steel producer                    268.80
  • Steel producer sells tubes to distributor              399.36
  • Distributor sells to stockholder                                556.03
  • Stockholder sells to agent                                           744.03
  • Agent sells to trade stockholder                               969.63
  • Trade stockholder sells to manufacturer            1240.36
  • Manufacturer sells bicycles to agent                     1565.24
  • Agent sells bicycles to distributor                        1955.08
  • Distributor sells to wholesale merchant             2422.89
  • Wholesale merchant sells to trade agent            2984.27
  • Trade agent sells to stockist                                     3657.92
  • Stockist sell to shops                                                   4466.30
  • Retail customer pays bicycle price of             £5436.35    Vat paid is £1087.27

The average profit each agent add is 100% plus transport and vat, meaning the price would be £10719.12

Vat paid is £2143.82 what an obscene scam this is.

 

THIS IS A VAT SCAM SCANDAL THAT MOST CITIZENS ARE UNAWARE OF, AND WHY BRITAIN IS RIP OFF BRITAIN.

 

Non VAT items like food also have Vat added in the same manner above because the manufacturers and distributors etc all add their profit and transport costs and vat to final invoice. Mmm food for thought, do you still want Britain to remain in the EU?

 

Another even worse scandal is Fuel Duty and VAT; it now costs more to transport some goods than it does to manufacture them.  Everything you  have or eat or use was delivered by lorry, that is the reason everything costs so much, lorries run on fuel ?duty, vat and VVVVVVVVVVVVVat added.