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20% VAT Rise

Personal VAT: What do I need to know?

What are the facts about Value Added Tax (VAT)?

There are three rates of VAT, depending on the goods or services the business provides to the customer. The rates are:

Updates VAT rise hits business cash flow

Almost a third of small businesses say they will need extra funding to cope with the increase in VAT, a study finds. According to research from new bank

Updates 20 per cent VAT rise to squeeze profits

Small businesses are focusing on ramping up sales and marketing rather than raising prices in preparation for next year's VAT hike.