The standard rate of VAT was temporarily reduced to 15 per cent on 1 December 2008 and it will return to 17.5 per cent on 1 January 2010.
For any sales of standard-rated goods or services that you make on or after 1 January 2010 you must charge VAT at the rate of 17.5 per cent.
For more information, please contact us or follow this link:
http://www.hmrc.gov.uk/vat/forms-rates/rates/rate-changes.htm
Friday, 6 November 2009
Subscribe to:
Posts (Atom)