VAT 17.5% on 1 Jan 2010: Olympia price rises

by Reiss Gunson on Friday, 20 November 2009 01:46

If you are considering purchasing an Olympia machine, prices will be rising on 1 January 2010 by the amount of the increase in VAT from 15% to 17.5%

Margins on Olympia products are under considerable pressure as the Sterling has weakened significantly against the Swiss Franc over the last couple of years, during which time we have held the prices. As a result we are unable to absorb the rise in VAT on 1 Jan 2010.

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