VAT Rate Change

As we have covered in previous posts, there are many companies that have decided against offering the 2.5% VAT Rate Cut to it's customers. While 2.5% may not be a whole lot, the goverment was offering this VAT Rate Change to try and do something for the consumers, therefore it is only right that you get in on the act! Here, we are listing some of the stores, websites and companies that are passing on the cut in VAT to it's customers. If you want to be added to this list, please post a comment below! :) Tesco As we have covered in previous blogs, most of the food that supermarkets sell is zero-rated anyway, so the rate change does not apply. However, Tesco has cut the VAT on all its other goods, and any standard rated foods that it sells (biscuits etc) Sainsbury's - As mentioned above, most of the food that supermarkets sell is zero-rated, however they have applied the VAT rate change to their standard VAT products. Currys, PC World and Dixons.co.uk have all been passing on the VAT cut since last week. BT - Will be cutting line rental accordingly and issuing refunds if line rental already prepaid Plusnet - Will be cutting subscription costs from 1st December O2 - Will be passing on VAT rate cuts from next week, and will issue refunds on request of the difference on "more expensive" line rental already paid in advance Lidl are not only passing on the VAT rate change on their standard VAT products, but are also cutting all their baby items (which are already zero rated) by 2.5% as well John Lewis are already passing on the cut M&S are not advertising the new prices, but the reduction is being applied at the tills ShopForFurniture.net - Thanks to Ian for this one - as well as the VAT rate change, they also seem to be offering additional cuts on their prices.