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Things booked pre-VAT change..

teeheeyoucrazyguys!, 15 December, 2008 at 10:27 Posted on Planning 0 5

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Given we have all received quotes for companies and hotels etc etc etc.... they will have to charge the 15% VAT now wont they?

Just coz the quote was given in 2008 doesnt mean they will stick to it, surely?? Might seem a very obvious question but it was one of those daft things keeping me awake last night!! (think of the savings!)

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5 replies

Latest activity by teeheeyoucrazyguys!, 15 December, 2008 at 22:06

Tony Lewis HIB · 15 December, 2008 at 10:49
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Hi

this was discussed a little while ago - see VAT Thread

Basically - you're at the mercy of the supplier as to whether they'll pass the saving on - Most are doing so...

Bottom line is: Phone and ask your supplier - try and negotiate if they won't!

cheers

Tony
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teeheeyoucrazyguys! · 15 December, 2008 at 11:08
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Ahhh cheers for that Tony, not like me to miss a thread!! My question is answered.
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Tony Lewis HIB · 15 December, 2008 at 11:21
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Pleasure...we talked ourselves round in circles for a bit but got there in the end!
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BDP · 15 December, 2008 at 16:20
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It may depend on whether your suppliers suppliers are passing on the saving to them although if your contracts are priced as being + VAT then the VAT should be charged at the new rate. If the price is including VAT then it might not be.
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Peter · 15 December, 2008 at 22:04
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A point to consider is that there is talk of in 2010, VAT is probably going to a higher rate than it was before to recover some of the current financial giveaways. Be very aware of this in your financial planning.
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