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VAT change in the Swimming Pool World
As most people know this morning our new VAT rate of 15% has come into action. This should in theory reduce the cost of items for customer by 2.5%.
As you will have heard from previous posts the costs of swimming pool products have dramatically increased this year due to economic pressures and so far we have stomached nearly a 10% rise in our costs of swimming pool products without passing this on to you.
As such we will today be applying a 2.5% increase on all our swimming pool products to try and ease the burdon of the price increases already seen this year.
Please also be aware that more price rises will follow in the new year.