UK VAT Reduction - 17.5% > 15%
UK VAT Reduction - 17.5% > 15%
Out of context: Reply #9
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- emecks0
It only becomes a bitch if you quote prices excluding VAT.
If your products / services include VAT all you need to do change the fraction of 7/47 to 3/23 - every business that is VAT registered in the UK has been sent a letter on this from HMRC.
Where it is a nightmare is for ongoing services, particularly if you take payment in advance.