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VAT rate cut - will you be passing it on to clients?

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    #31
    Here is the update list, I might try and get mine changed to 10% as I do some computer maintenance in my job.

    Page 43 - http://www.hmrc.gov.uk/pbr2008/vat-guide-det.pdf



    Category of business
    Appropriate percentage
    Accountancy or book-keeping
    11.5
    Advertising
    8.5
    Agricultural services
    7
    Any other activity not listed elsewhere
    9
    Architect, civil and structural engineer or surveyor
    11
    Boarding or care of animals
    9.5
    Business services that are not listed elsewhere
    9.5
    Catering services including restaurants and takeaways
    10.5
    Computer and IT consultancy or data processing
    11.5
    Computer repair services
    10
    Dealing in waste or scrap
    8.5
    Entertainment or journalism
    9.5
    Estate agency or property management services
    9.5
    Farming or agriculture that is not listed elsewhere
    5.5
    Film, radio, television or video production
    9.5
    Financial services
    10.5
    Forestry or fishing
    8
    General building or construction services*
    7.5
    Hairdressing or other beauty treatment services
    10.5
    Hiring or renting goods
    7.5
    Hotel or accommodation
    8.5
    Investigation or security
    9
    Labour-only building or construction services*
    11.5
    Laundry or dry-cleaning services
    9.5
    Lawyer or legal services
    12
    Library, archive, museum or other cultural activity
    7.5
    Management consultancy
    11
    Manufacturing that is not listed elsewhere
    7.5
    Manufacturing fabricated metal products
    8.5
    Manufacturing food
    7
    Manufacturing yarn, textiles or clothing
    7.5
    Membership organisation
    5.5
    Mining or quarrying
    8
    Packaging
    7.5
    Photography
    8.5
    Post offices
    2
    Printing
    6.5
    Publishing
    8.5
    Pubs
    5.5
    Real estate activity not listed elsewhere
    11
    Repairing personal or household goods
    7.5
    Repairing vehicles
    6.5
    Retailing food, confectionary, tobacco, newspapers or children’s clothing
    2
    43
    Appropriate
    Category of business percentage
    Retailing pharmaceuticals, medical goods, cosmetics or toiletries
    6
    Retailing that is not listed elsewhere
    5.5
    Retailing vehicles or fuel
    5.5
    Secretarial services
    9.5
    Social work
    8
    Sport or recreation
    6
    Transport or storage, including couriers, freight, removals and taxis
    8
    Travel agency
    8
    Veterinary medicine
    8
    Wholesaling agricultural products
    5.5
    Wholesaling food
    5
    Wholesaling that is not listed elsewhere
    6
    “Labour-only building or construction services” means building or construction services

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