Tuesday, November 25. 2008
VAT reduction news
The announced reduction of VAT from 17.5% to 15% will affect all Switch invoices from Dec 1st onwards. This will not affect the majority of Switch business clients who already reclaim VAT, but smaller organisations and charities will be able to take advantage of our reduced rates.
HMRC have released a technical guide which answers many questions if you are a business applying the changes.
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