VAT increases to 20% in 2011
By admin - Last updated: Tuesday, June 22, 2010 - Save & Share - Leave a Comment
How will the increase of VAT to 20% effect the Balloon Inustry.
Most of our customers in balloon and party shops are ‘the public’, they cannot claim back the VAT so now in a period of time when people are just starting to spend money again on entertainment we have all just been made to be either 2.5% more expensive or lose 2.5% of our profit.
What are your views on this increase, how will it effect you and your business – discuss it now in the forum.
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