One of the great things about being computer-based is that you can move fast and change information quickly … right?
We know these things, don’t we.
This was the basis for us being really confused as to why some eBay sellers are still charging VAT at 17.5%, instead of the new 15% rate.
As those in the UK will be well aware, in an attempt to stimulate the economy and get people spending their money, the UK Chancellor of the Exchequer allowed the VAT rate (sales tax) to be trimmed down on 1 December 2008.