Subject:
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Re: sales status 26/04/2000
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Newsgroups:
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lugnet.loc.au
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Date:
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Wed, 26 Apr 2000 23:42:51 GMT
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Viewed:
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1675 times
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In lugnet.loc.au, Benjamin Whytcross writes:
> I'm not too sure about that being the last of the sales till the end of the
> financial year, as we know LEGO will decrease in price with GST, I think
> most of the larger stores will try and clear their stocks before the price
> drops[1]. This means that we may [wishful thinking, I know] see even better
> sales in the next month or 2.
I think so too,I meant leading up to the GST intro rather than post EOFY.
> [1] From what I've been led to believe, the stores have to take off the
> current sales tax[22%] from the cost of the set to them/what they sell the
> set for, and then add the GST. This means that they have overpaid $X in
> sales tax, which will be refunded by the government at some stage. However,
> until that time, anything bought pre GST, and sold post GST will be losing
> them money on their cost price. Therefore, it makes sense for the stores to
> clear their sleves before this happens.
Yep, I was thinking along the same lines, we can only hope they do.
Especially with new Adventurers/Town kits coming out, the stores will need
some shelf space. With the projected prices of the bigger SW kits, I guess
these will be limited to the Big Stockers(Big Prices) stores.
> Just remember IANAL/accountant, so I could be wrong [and it wouldn't be the
> first time :) ]
-pete.w
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Message is in Reply To:
 | | RE: sales status 26/04/2000
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| I'm not too sure about that being the last of the sales till the end of the financial year, as we know LEGO will decrease in price with GST, I think most of the larger stores will try and clear their stocks before the price drops[1]. This means that (...) (27 years ago, 26-Apr-00, to lugnet.loc.au)
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