Last December, the Government cut the VAT rate from 17.5% to 15% in an attempt to boost spending.However, the rate is to revert back to the normal 17.5% level from 1 January 2010 but research shows that Britons are unaware and unprepared.Research from Auto Trader shows that 12 million Brits are unaware of the rise [...]
Brits unprepared for VAT rise in January
