Archived posting to the Leica Users Group, 1997/12/15
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]Simon wrote > I assume that 15% is referring to the UK VAT rate, in which case > your catalogue is out of date by quite a few years! We changed to a > VAT rate of 17.5% a long time ago (I forget exactly when - perhaps > 12 years ago?) so the prices in that catalogue will be very out of > date. On top of this, the pound is strong against European and US > currencies, so UK prices are correspondingly low at the moment. > Actually it just happens that +17.5% VAT = -15% (approx) for removing UK vat from inclusive prices....I hope that makes sense. So it might not be out of date. John Cooper <http://www.fireship.demon.co.uk>