Remember remember the 5^th November………………………..but do not forget that the UK standard rate of VAT is rising to 20% on 4^th January 2011.

Is your business prepared for;- the impact on internal accounting and IT system changes, pricing of goods and services, costs of purchases and related cash flows, updating budgets and business plans, margin and profitability expectations. Businesses should plan now and make the necessary changes and review their forecasts well in advance of the run up to Christmas holiday period to avoid cash flow surprises in the first quarter of 2011.