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Go Back   Pollensa Forum > ONCE YOU'RE THERE > Shopping

Shopping Looking to buy something specific? Want to recommend a favourite shop or market?

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Old 07-06-2010, 17:29
eleanor's Avatar
Join Date: Jul 2009
Location: on the coast in Essex
Posts: 1,739
Default Iva

Can anyone please advise me of the rate of IVA charged at present? I understand that it has increased this year already and is about to do so again. Is this correct? Thanks.
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Old 07-06-2010, 17:44
Sparky's Avatar
Super Moderator
Join Date: Feb 2008
Location: Port de Pollenša
Posts: 18,772

IVA is to be increased from July 1st 2010.
The standard rate will go up from 16% to 18%.
The reduced rate will go up from 7% to 8%.
Living the dream in PP with my glass half full. .
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Old 07-06-2010, 17:50
eleanor's Avatar
Join Date: Jul 2009
Location: on the coast in Essex
Posts: 1,739

Many thanks for this Sparky. Much appreciated.
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Old 07-06-2010, 22:52
Gommar Goffer's Avatar
Join Date: Aug 2008
Location: PP permanently
Posts: 1,637

Ooh - your money will go further in PP then when the rate in the UK goes to 20% (possibly)

Curious though why the current rate matters?
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Old 08-06-2010, 07:49
eleanor's Avatar
Join Date: Jul 2009
Location: on the coast in Essex
Posts: 1,739

Ahh - if I tell you that I would have to gag you! lol

Last edited by eleanor; 08-06-2010 at 08:07. Reason: changed word to gag as realised bad taste due to recent news
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