VAT Day
VAT Day. A café in Norwich in April 1973. On Sunday the 1st, Purchase Tax and Selective Employment Tax end and Value Added Tax begins, at 10% on every meal…
Ten per cent on the bill. Nobody has done this before.
A café in Norwich in April 1973. On Sunday the 1st, Purchase Tax and Selective Employment Tax end and Value Added Tax begins, at 10% on every meal and hot drink you sell. You must register, keep a VAT account, charge it on the bill and send it to Customs and Excise every quarter.
- Starts
- April 1973
- Length
- a year
- Difficulty
- Medium
- Scored on
- Reach £170,000 of annual sales
- Business
- Café & Coffee Shop
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