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Dear European Customer
This online site currently charges 17.5% UK VAT, this rate will be amended to 20% on 4th Janaury 1011.
The British Government anounced new changes to the UK VAT rate. Currently the UK VAT rate is 17.5% but is planned to be increased to the new amount of 20% with an efective time and date of 00.01 on 4th January 2011.
By law we are required to adjust upwards the VAT we charge and as such our prices will be adjusted accordingly and your automated payments will also be adjusted and taken as normal, you need take no further action. All other payment methods will require payments to include the increased VAT rate of 20%. You will receive revised invoices in the normal manner where such invoice has been issued on or after 4th January 2011 which will confirm the amount you need to pay. Any invoiced raised prior to and inclusive of 3rd January 2011 will only attract VAT at the level of 17.5%.
Please note that export outside of the European community will continue to attract zero VAT - we reserve the right to charge VAT without any prior notice should current/future VAT regulation demand us to do so.
Please note in the best interest of our customers we will maintain and excellent price structure that will ensure we continue to offer value for money service and products.
This notification is for information purposes only.
MDR DIRECT, Customer Billing Team
Keay Group Investments
12th July 2010