VAT Changes

with regard to the VAT changes I hope that firms realise that if they charge a fee for their services and they invoice only say every three or six months, then they must pro rata their VAT for the period up to the 1st December at 17 1/2% and for the period up to the 31st December at 15%.

Thought that I would add to the chaos because the sums are miniscule but the procedures are the same. This change should be enforced immediately, or will we see the budget signs outside the shops, buy at pre budget prices. Ha Ha Ha.

The whole VAT change announced by Darling yesterday is already turning into a disaster. Typical of Britain today, both incompetent and inept, just lie the government.