Consumer Alert: Companies hiding price rises in Monday's VAT rise...
I just noticed that the company behind the M4 toll are misleading consumers with their 01 December 2008 price increases...
From the http://www.eurolink-m4.ie/ website:
Due to the increase in the rate of VAT, from 21% to 21.5%, effective from 1st December, as announced by the Government on Budget Day 14th of October, our prices will rise from the 1st December.
If you then check the prices you'll find that the price of a car increases from €2.70 to €2.80 (an increase of over 3.7%)! However, they aren't increasing the rates for all vehicles... bad form!
UPDATE-1: some background available over at boards.ie. still doesn't justify the 10c increase though...
From the http://www.eurolink-m4.ie/ website:
Due to the increase in the rate of VAT, from 21% to 21.5%, effective from 1st December, as announced by the Government on Budget Day 14th of October, our prices will rise from the 1st December.
If you then check the prices you'll find that the price of a car increases from €2.70 to €2.80 (an increase of over 3.7%)! However, they aren't increasing the rates for all vehicles... bad form!
UPDATE-1: some background available over at boards.ie. still doesn't justify the 10c increase though...
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