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Friday, 5 December 2008

28th November - VAT Distribution

As I’m sure you are aware, the rate of VAT has been reduced from 17.5% to 15% from 1st December. STL Distribution has been in contact with most of our suppliers, and in a majority of cases, they will be reducing their VAT-inclusive RRPs to reflect this reduction in VAT. So for a significant proportion of our ‘VAT-able’ product lines, STL Distribution is able to pass on these RRP reductions to you.

From Monday 1st December our system shall be set-up to reflect the reduced VAT rate of 15%. This means that you will see reduced prices on a large number of VAT-applicable products including CDs, DVDs and audio books. (Just to remind you that books and Bibles have a zero VAT rating).
The process for updating our websites will take slightly longer. We anticipate that the new prices will be available online from the middle of next week.
If you have any queries regarding our position, please contact you Area Sales Manager or phone 08457 056 568.

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