Cross-border shopping set to rise as British VAT cut confirmed

The rate of VAT in the North is set to fall from 17.5% to 15%, British Chancellor Alastair Darling confirmed in today’s Pre-Budget Report.

Mon, 24 Nov, 2008 - 16:15

The rate of VAT in the North is set to fall from 17.5% to 15%, British Chancellor Alastair Darling confirmed in today’s Pre-Budget Report.

The tax reduction, set to be introduced on December 1, is likely to further encourage shoppers in the Republic to make to journey North in an effort to save money on their Christmas shopping.

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Cross-border shopping set to rise as British VAT cut confirmed

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