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VAT to increase to 20%

4th January 2011
 
As part of the UK Govenment's osterity measures VAT will increase from 17.5% to 20% on 4th January 2011. For sales to EU member states VAT will not be chargeble if a valid EU VAT number is held. For all worldwide exports out of the EU VAT will be 'zero-rated'.

 

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