So we’re a couple of weeks away from the latest change to the VAT rate. For businesses like mine that sell mainly to other VAT registered businesses it’s not too big a deal.
The companies I feel sorry for are those selling to consumers. They have to either put up their prices (and make themselves uncompetitive) or they need to take a hit on their already-squeezed margins. Not nice.
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The companies I feel sorry for are those selling to consumers. They have to either put up their prices (and make themselves uncompetitive) or they need to take a hit on their already-squeezed margins. Not nice.
Continue Reading...
