The UK government anounced a reduction in VAT from 17.5% to 15% take effect from Monday 1st December 2008. It leaves businesses with less than 7 days to accomodate the changes. The temporary measure is expected to last for 13 months but is subject to further change.
Not every business that sells online will be able make the changes in VAT in time. Retailers with less agile ecommerce systems will need to manually change 1000s of product prices adding further stress to their day to day running of business.
Sudden changes like this spell out the need for IT systems that can respond flexibly without disruption to ongoing business.
Effinities is one of the most powerful ways to sell online with features that make trading on the internet run smoothly. The switch in VAT rate will be simple and effortless for every Effinities customer. The second the change comes into effect Effinities users automatically switch to the new VAT rate while they sleep. They still keep the freedom to edit the prices themselves, or any part of the store contents they choose quickly and instantly.
Any company that wants to join our stress free system because of the VAT changes will be delighted with the extra all round benefits a change to Effinities will bring. We make the move pain free, and in most instances the product range can simply be copied or "migrated" across.
Once moved, Effinities does more than sell, process payments, organise orders and help with electronic marketing. It is an ecommerce engine built for competitive advantage so it will boost sales and reduce the amount of work you do on your store.