New VAT rate
New VAT rate
- HM Customs and Excise News Release nos 23/91, 27/91, 4 pages .
The standard rate of VAT will be increased to 17.5% on 1 April 1991. Also announced in the Budget were measures to ease the administration of VAT for businesses.
The standard rate of VAT will be increased to 17.5% on 1 April 1991. Also announced in the Budget were measures to ease the administration of VAT for businesses.