It’s been a few days since the new VAT rate of 17.5% came into effect. As we get back to our desks and settle into our daily routine we want to know how you found the whole experience. Hopefully it wasn’t too painful and you’re ready to hit the ground running and make 2010 count.
We’d like to hear about your experience of adjusting to the VAT change – tell us what went well and what proved to be trickier. Did you feel prepared enough and what would you have done differently looking back? What has the response been like from customers and how has it affected your business? Importantly, did you decide to pass on the cost or absorb the 2.5% yourself? Whatever you did, tell us why and how it went.
After what can be only be described as a turbulent 2009, we hope 2010 will be a bright and prosperous year for small businesses.
We’d like to hear about your experience of adjusting to the VAT change – tell us what went well and what proved to be trickier. Did you feel prepared enough and what would you have done differently looking back? What has the response been like from customers and how has it affected your business? Importantly, did you decide to pass on the cost or absorb the 2.5% yourself? Whatever you did, tell us why and how it went.
After what can be only be described as a turbulent 2009, we hope 2010 will be a bright and prosperous year for small businesses.
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