Value Added

With today’s news about the cut in VAT rates in the UK starting from next Monday, it seems highly likely that I’ll be joining countless thousands of other residents of the Republic, in heading to Northern Ireland to do my Christmas shopping.

With Ireland’s recent rise by 0.5% to a VAT rate to 21.5%, the new UK rate of 15% makes shopping North of the boarder incredibly attractive, particularly as the Pound is also so weak against the Euro at the moment.