HMRC has recently confirmed that with effect from 31 January 2011, standard rated VAT will be added to the cost of certain postal services in the UK, following a successful legal challenge by TNT Post (UK) Ltd.

Examples of supplies on which VAT will be charged from that date include:

• All individually negotiated services
• ParcelForce services
• Door – to – door (unaddressed mail services
• Mailroom services provided by the Royal Mail (including ParcelForce)

Historically, these services have been considered VAT exclusive, but Royal Mail is likely to have to treat them as VAT inclusive and pay over the VAT element to HMRC

What should you do now?

The past

Businesses that have used the Post Office services affected by the change should consider submitting retrospective claims for the last 4 years, on the basis that the costs of the affected services have always been VAT inclusive.

Where the VAT cannot be recovered in full, a claim can still be made in respect of the portion of VAT which is recoverable.

In future

Businesses should review their postal costs to check whether it will still be cost effective to use ParcelForce or the other affected services, and also review their VAT recovery methods in light of the forthcoming change.

Businesses who could be affected by this change include:

• Charities that circulate large volumes of printed material
• Members of organisations
• Mail order businesses
• Online retailers
• Retail financial service providers
• Print companies that act as a mailing house

If you believe you are entitled to a VAT refund and would like to consider submission of a claim, please contact Ilyas Patel at ilyas@taxexpert.co.uk t: 01772 788200

When you want to increase your sales but unable to do so…… You hired an internet marketing company but it was unable to keep up its promise……. Don’t worry!! Here is top SEO London Agency which not only makes a mere promise of increasing your sales but also full fill it. We are the best SEO agency in London working day in, day out towards giving our best for your company’s website.

We have been in this trade for quite sometime now and that makes us really experienced SEO firm in London. With a decent track record of satisfied customers around the globe we enjoy a great customer loyalty that our competitors can only think of in their dreams. We give highly professional and quick Search Engine Optimisation services to many small and big companies across the countries and our charges are reasonable unlike others in the industry who charges enormous fees for their services.

SEO London has a great team of professionals who have this inclination to serve not only the best SEO services to you. They discuss with your needs and then they research that what sort of a pattern should be followed so that your website can earn top search engine rankings, their priority is to give you the end result much more than your expectations. This will get you highly targeted visitors for your website; who are willing to buy your product or services.

Our main focus is to get you maximum profits via search engine marketing and for that we use the most recent and updated technology and extra edge Search engine optimisation, pay- per- click advertising and lots of analysis is involved in this whole process of delivering you a tailor-made solution for your business. The professionals from Neoteric make sure that you get 1st page search engine ranking, more customers and higher sales for you.