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    CD Designs Blog

    Beat The VAT Rise Again

    VAT is set to go up from 17.5% to 20% from January the 4th. Apparently it’ll raise around £13 Billion a year extra for the public purse. You may remember something similar happening last year, and we’re going to say again what we said back then; it’s worth makings larger than usual purchases now instead of waiting until next year, when there’ll be an extra 2.5% to pay.

    While paying another 2.5%  isn’t exactly going to break the bank –hopefully – why spend more than you have to? People who listened to what we said way back when we posted the first blog about VAT would have paid 5% less than people who’ll be buying next year. There’s nothing we can do about this, sadly, apart from point out to our customers when something like this VAT change is on the horizon.

    The more expensive things become, and the tighter money gets, the more important it is to invest in high quality, high value products. Especially when it comes to home improvement projects like a pattern imprinted concrete driveway, you need to find contractors who offer a standard of design and installation that promises a great end product. Sound sensible? Contact us for a free quote today – before the VAT goes up – and we’ll explain what we can do for you.

    Book Your Work Now and Avoid the VAT Increase

    The morning of the 1st of January 2010 will bring a number of things; the end of the “noughties”, hangovers for the party animals amongst us, and perhaps some quiet contemplation of New Year’s resolutions for those who prefer clean living.

    It will also see us as a nation returning to a V.A.T rate of 17.5%, up 2.5% from the current 15%.

    With the end of this reduced rate of Value Added Tax on the horizon, it might be time to start thinking about capitalizing on the current state of affairs. Although it’s a little too dark and a little too windy at the moment to justify calling it “making hay while the sun shines”, it may be worth considering moving forward a large expenditure that you would otherwise have put off for a while.

    Obviously, at Christmas budgets can be tight, but it may well make sense in the long run, especially for purchases which are investments in your property. The cost of services which are booked and paid for now, before the tax hike, but which take place after it, will remain subject to the 15% rate of V.A.T despite the increase, unless they are transactions over £100,000.

    It’s something to bear in mind, and after all, what better start to a New Year – and new decade  –  could there be than knowing that you’ve managed to save a bit of money already?

    ADDITION 27/09/10

    Well, as we’re into the final quarter of 2010, it seems the VAT isn’t going to go down. In fact, it’s going up next January. Read this blog post for more information.

    Complete Driveway Designs Ltd

    The Yard, Stubbins Lane, Ramsbottom, BL0 0PT
    E:info@northwest-driveways.co.uk
    T: 01706 827180

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