News Details
07/01/11 : VAT Ready Reckoner
VAT Ready Reckoner
Value added tax, or VAT, has been increased in the coalition government's first Budget, from the 4th January 2011.
To help our members calculate the increase on their products with the new VAT rate of 20%, we have added a link to a quick and easy VAT calculator. Click on the link below to access the Ready Reckoner, enter the current price (which includes 17.5% VAT at the old rate) it will calculate the new price for you.
http://www.bbc.co.uk/news/10373992