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VAT changes in Jan 2010

In December 2008 we reduced the VAT following the government’s VAT cut. As the government has announced it will increase VAT back to the previous rate of 17.5%, from 1st January 2010 all invoices supplied after this date will have the higher rate of VAT applied.

All of our service pricing will stay the same, however all services previously supplied at 15% VAT will increase to 17.5%

Because LightPath bill a month in arrears for our labour, we will be required to charge 15% on our invoices issued in January for work in December. All other services and equipment supplied after the 1st January 2010 will be invoiced at the the current rate.

 

For further information about VAT changes, please visit the HMRC website here.

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