VAT increase 20%
Wednesday, 15 December 2010 | Admin
As you are probably aware, the UK Government have announced that, on the 4th January 2011, the UK standard VAT rate will be increased from 17.5% to 20.0%.
We have adjusted the price already (unfortunately, we had to increase the price of our products due to the weak British Pound and the inflation of the raw material: cotton, indigo, etc). Thus the price will not be changed in the new year (when the VAT becomes 17.5%, we will not change the price either!)
Hope all of you are having great festive time!