VAT Increase


The standard rate of VAT was temporarily reduced to 15{0775cd81be1c4435c6a77ded2626a9e3dad11aed0caeba0095b301cbb7d19144} on the 1st December 2008 and will return to 17.5{0775cd81be1c4435c6a77ded2626a9e3dad11aed0caeba0095b301cbb7d19144} on the 1st January 2010. What will this mean for commercial vehicle sales? Many people are under the misconception that if they order their new vehicle now but don’t take delivery until after the VAT…

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