Standard Rate Of VAT Increase To 20 Per Cent
The United Kingdom’s Government made decision to increase standard rate of VAT from 17.5 per cent to 20 per cent on 4 January 2011 (see more from the source). This tax only applies to sales made to European Union based individuals and companies that are not VAT registered. All other countries such as the United States of America are unaffected.
Our existing web customers who have already subscribed before today will be pleased to hear that we will absorb this VAT increase so that the amount you pay is not changed!