It was announced in yesterday’s pre-Budget report that VAT will be reduced from 17.5 per cent to 15 per cent, from 1 December 2008 until 31 December 2009.

All our Business SMS and other services are VAT rated.

We are still awaiting final clarification on how these rules will be applied but we anticipate that we shall be applying this revised rate of 15% on all applicable invoices generated from 1 December onwards.

Similarly, we will ask all suppliers, including self-bill Premium Rate SMS customers to apply the reduced rate on all invoices to us from this date.

We’re got some great offers for customers signing up to our Monthly Tariffs in UK and Ireland from now until 31st December. We’ve improved our account credit terms and reduced tariffs as a way to help companies optimise their cash flow and control of their finances – a welcome addition to our pricing terms in this current climate.

Businesses in the UK and Ireland can benefit from a thirty-day account with flat rate pricing that will not be invoiced until the end of each month. UK customers that sign up to a Direct Debit payment plan before 31 December 2008 will receive a discount of 10 per cent on all SMS message prices for the duration of their contract. There are no set up fees in either country and Irish customers will receive a 20 per cent discount upon signing up to a monthly Tariff.   (more…)