For people who are intending shopping in the United Kingdom, or who are purchasing goods and services, it’s that time – Value Added Tax (VAT) will be going up from 15% to 17.5% from 1st January 2010.
Most of you will notice it – thankfully most over the counter reatailers will inculde the VAT directly into the price you pay or the price ticket (unlike some countries where you’re guessing the final price until you get to the till)
Happy new Year from Her Majesty’s Government and Alistair Darling.