VAT change 1 January 2010

30/12/09

The standard rate of VAT reverts to 17.5 per cent on 1 January 2010. A year ago, when it was temporarily reduced to 15 per cent, duty was increased on alcohol and tobacco in order to counter the reduction in VAT and ensure that their prices didn`t fall. Logically, one would expect the reverse to happen now but, hey!, guess what?, the higher duty rates are staying in place. Therefore, from the beginning of the new year, all of our VAT-inclusive prices will reflect the higher rate, an effective increase of 2.17 per cent. /AR

New Year hours  

New Year`s Eve 4pm closing
New Year`s Day closed

We wish you all a very happy and prosperous new year