There probably aren’t that many people that are yet to hear the news that Alistair Darling, Chancellor of the Exchequer, yesterday announced that the rate of VAT is to be reduced in an effort to stimulate our economy.
From Monday 1st December, the official standard VAT rate will be 15%, down from 17.5%. It will remain at this level for 13 months until the end of 2009.
I personally welcome the move – even though it is causing me a mini logistical nightmare altering all our prices! It is, of course, the duty of any ethically-minded company to pass this saving on to the consumer. Every penny discount helps for consumers and small businesses in my view.
However, to ensure that customers are not disadvantaged if they wish to buy now, we’ve actually dropped our prices this morning to reflect the discount ahead of the official changeover date next Monday. Though the price has been reduced, the VAT portion of the price will remain at 17.5% officially until Monday – but we will be taking that hit between now and then so that customers can benefit from the reduction immediately.
The reduction takes, for example, £2.13 off the price of our Deluxe Original Wormery Kit. It gives a discount of £2.34 off of the Deluxe Worm Works 4-Tray Wormery Kit. It also brings our standard P&P charge down from £5.95 to £5.82.
So – order from Original Organics and help save the environment and your bank balance at the same time! Our wormeries do make the bestest, most fascinating, christmas pressies after all!!
As ever – any questions, ideas or queries – get in touch!
Liam
Original Organics Ltd 