Press Releases from Kings Bathroom Ltd (1 total)
Online Bathroom Retailer joins others to absorb the VAT increase.
VAT bomb ticks silently – retailers prepare…
Manchester, 13th of December 2010, Online Bathroom retailer Kings Bathrooms Ltd has taken the decision to absorb the January VAT increase by reducing its profit margins. The government announced the VAT increases in the June 2010 Budget, which will see the amount of value added tax increase from the current 17.5% to 20% on the 4th of January 2011. The move by Kings Bathrooms…
