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Pre-Budget Report 2008 - VAT Rate Changes

  • In his Pre-Budget Report on 24 November 2008 the Chancellor announced that the standard rate of VAT will be reduced to 15% on 1 December 2008.
    This means that for any sales of standard-rated goods or services that take place on or after 1 December 2008 providers should charge VAT at the new rate of 15%.
  • More details from HMRC web site>>

HMRC web site has several useful forms:

 

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