Changes to Standard rate of VAT
What has happened?
In his Pre-Budget Report on 24 November 2008 the Chancellor announced that the standard rate of VAT would be reduced to 15% on 1 December 2008 for a period of 13 months.
From 1 January 2010 the standard rate of VAT will revert to 17.5%.
What will happen to Ratebuster Instant call charges?
Call charges for calls made through Ratebuster Access numbers are billed to you by your service provider and not by Ratebuster. Your low-call hero’s Instant Access numbers are classed as Specialised Numbers; the price of the calls to Specialised Numbers, charged by BT, is set by the regulator.
The rates shown on the Ratebuster website show the rate that you would pay if you were a BT Together Option One customer inclusive of VAT at 17.5%.
When the standard rate of VAT reverts to 17.5%, on the 1st of January 2010, your service provider should adjust the amount of VAT charged to reflect the change.
What should I do if my service provider isn’t BT?
If you use RateBuster instant from your mobile or call through a fixed line service provider other than BT then please check with your service provider for further details on their arrangements for the change to VAT charges.
Please contact us us if you have any questions regarding the cost of calling Ratebuster Instant Access number.