The month of January has come round again, with its inevitable slew of price rises. We're already aware of VAT rising from 17.5% to 20%, but what else is going up in price this year?
The standard VAT rate rises today from 17.5% to 20%. As a result this year's post Christmas sales have been some of the most anticipated yet. So what do consumers need to know about VAT? Read our guide below.
Savers are more likely to consult the pages of the financial press, rather than visit an adviser, and believe inflation has a bigger impact on their lives than income tax or VAT.
