VAT rates on the vast majority of Thanet District Council's fees and charges will be remaining at 15% until 31 March 2010.
Nationally, VAT was increased back to 17.5% on 1 January 2010, but when the reduction was first announced, the council decided to pass on the reduction over the 2009/10 financial year. This meant that the 15% rate would apply from 1 April 2009 until 31 March 2010.
The only exceptions to this are the fees for the miniature remembrance book and memorial cards at Margate cemetery, which have now reverted to the 17.5% VAT charge. This is because these two items have VAT added to the charge, whereas all other fees and charges are inclusive of VAT.
Cllr. Martin Wise, Cabinet Member for Finance, said: "When we looked at implementing the government's reduction in VAT, we decided to do it over the council's financial year. That meant, although the reduction took a little longer to arrive, people will now benefit from the continued lower rate of tax through until the end of March on the council's various services."
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