"passed it on" isn't really the right way to look at VAT, which is a tax on value added. One might pass on a cost increase from a supplier, but a VAT increase is an increase in the tax applied to your product and ultimately on your value added. You reclaim the VAT on your inputs, so you don't really get to pass that bit on either.
Maybe the question should be "which companies decided to add less value in the face of a VAT rate change"
and yes, it's just a bit of fun.
Phil
MaxDSL - goes as fast as it can and doesn't read the line checker first.
MaxDSL diagnostics
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