P pollensafan Active member Joined Mar 20, 2008 Messages 1,229 Location Kent Jul 12, 2012 #1 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.
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.
L lollipop New member Joined Aug 29, 2008 Messages 2,200 Location Puerto Pollensa Jul 12, 2012 #2 Restaurants have currently 8% IVA but this will rise to 10%, so 2 euro on 100 euro bill probably hardly noticeable.
Restaurants have currently 8% IVA but this will rise to 10%, so 2 euro on 100 euro bill probably hardly noticeable.
sws97sdg Active member Joined Feb 12, 2008 Messages 4,295 Jul 12, 2012 #3 As you say Lollipop 2% isn't so bad especially with the increase in the exchange rate at present
Sparky Administrator Joined Feb 13, 2008 Messages 20,849 Location Port de Pollença Jul 13, 2012 #4 Have just read that the increase won't take effect until 1st September.