Tags Tagged With Vat rates

Lower Uk Vat Rate Is Attracting Shoppers From Across The Border

While it has been widely argued that the UK VAT rate change has not made a significant impact, shop owners in Northern Ireland have been experience an unexpected, but very positive side affect. Prompted by high tax rates, a strong Euro and a need to save money, many shoppers from the Republic of Ireland have been making the journey north to shop in the UK, where the VAT rate is only 15%, after being cut from 17.5% last year. The VAT rate in the Republic, by contrast, is 21.5% In the past year

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Government    VAT Rate Change    consumers    vat rate    Tesco    Price Cuts    Tax    Business    Criticisms    Prices