Remember To Roll Forward Your VAT
Monday, December 7th, 2009Well in January we roll the VAT forward to 17.5%, back to its pre recession levels. So now is a great time to get your orders in for new year stock of your favorite promotional gifts. For most business-to-business organisations the change will mean little off course but for organisations that cannot claim the VAT back they will effectively be looking at a 2.5% price increase. Its a shame but let’s hope that we do not see VAT rise to 20% in 2011.
