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VAT rate changes

07 January 2009
Issue: 4188 / Categories: Forum & Feedback , 15% VAT , VAT reduction , VAT
What are the practical effects of the reduction in the VAT rate from 17.5% to 15%, particularly with regards to ‘continuous services’? What rate should be applied when services straddle 1 December 2008 and what are the implications if different work is carried out for the same client?

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