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Deleted member 1779
General advise is that the VAT rate may go up to 20%
If there are any equipment purchases that you are thinking about
AND YOU ARE NOT VAT REGISTERED it could be better to do them now
*** news *** news *** news
Economists have warned that VAT may have to rise to 20% if the UK is going to make significant inroads into the budget deficit.
In a bid to restore market confidence, which feels the measures outlined so far by the new government will not do enough to tackle the debt problem, economists expect to see a significant hike in the VAT rate.
A rise to 20% would cost each household £425 but could be introduced without breaking Conservative or Liberal Democrat manifesto pledges, reports the Guardian.
Our bathroom fitters kit would rise from £49.99 to £51.05 if VAT hits the 20% level this year.
Get them while you can at £49.99 (£7.15 per drill)
The VAT rise will affect all tool purchases including
PORSADRILL from 365Drills.
If there are any equipment purchases that you are thinking about
AND YOU ARE NOT VAT REGISTERED it could be better to do them now
*** news *** news *** news
Economists have warned that VAT may have to rise to 20% if the UK is going to make significant inroads into the budget deficit.
In a bid to restore market confidence, which feels the measures outlined so far by the new government will not do enough to tackle the debt problem, economists expect to see a significant hike in the VAT rate.
A rise to 20% would cost each household £425 but could be introduced without breaking Conservative or Liberal Democrat manifesto pledges, reports the Guardian.
Our bathroom fitters kit would rise from £49.99 to £51.05 if VAT hits the 20% level this year.
Get them while you can at £49.99 (£7.15 per drill)
The VAT rise will affect all tool purchases including
PORSADRILL from 365Drills.