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Vat increase Vat increase
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Miscellaneous Use this area ONLY if you can't find a suitable home for your topic. We'll create a new area if necessary and reserve the right to move topics to more suitable areas. Only post regarding the Pollensa area. This is not a forum for general discussion.

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  #1  
Old 12-07-2012, 11:24
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Join Date: Mar 2008
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Default Vat increase
With the base rate of vat being increased from 18-21%. Does anyone know if that will be a pro-rata increase across the board.. EG- another 3% on restaurants.
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Old 12-07-2012, 11:31
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Restaurants have currently 8% IVA but this will rise to 10%, so 2 euro on 100 euro bill probably hardly noticeable.
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Old 12-07-2012, 11:38
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As you say Lollipop 2% isn't so bad especially with the increase in the exchange rate at present
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Old 13-07-2012, 17:28
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Have just read that the increase won't take effect until 1st September.
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