Standard Rate VAT 17½% from 1 Jan 2010

By Mark FitzGibbon, December 29, 2009

From 1st January 2010 the Standard Rate of VAT will change from 15% back to the previous level of 17½%. Businesses who charge VAT will need to account carefully in their business records during the change. On-line businesses will need to update their websites without delay.

Should any small or medium sized enterprise (SME) require assistance with VAT or any element of business accounting and tax preparation, they are invited to contact Guy Bridger Ltd, without obligation, at their Turney Road, (Tulse Hill/Dulwich, South London) business address. Telephone: 0208 761 2268 or email enquiries@filetax.co.uk.