15% VAT at Amazon UK
Nov 27th, 2008 by admin
Amazon are offering (as most online shopping sites should be) 15% VAT down from 17.5% after the recent cut on selected Consumer Electronics, Home & Garden and Toys. Not a great deal, but every bit makes a difference when shopping for those Christmas Gifts.
So from Monday 1st December 2008 the VAT will be 15%.
As an example this means:
- A product selling for £10 has a price excluding VAT @ 17.5% of £8.51
- If you apply the new VAT rate of 15% to the price excluding VAT (£8.51), it gives the new price of £9.79
- The new VAT rate equates to a saving of £0.21 (£10 – £9.79 = £0.21)
- This equals the same as taking 2.13% (or 21p) off the original £10 price
To receive this offer:
1. Select an eligible Amazon.co.uk item from the categories below, and add to basket
2. Enter promo code LOWERVAT in the promo code box at checkout
3. A discount of 2.13% will then be applied to the item(s) you selected
