VAT change

JaffasGirl
JaffasGirl Registered Posts: 387
Hi everyone,

got my BA1 exam this afternoon, and was wondering whether anyone knows if it will be VAT at 17.5% or 20%? or will the exam tell me at the beginning?

Thanks

Comments

  • Jo Clark
    Jo Clark Registered Posts: 2,525
    Hello

    If I recall correctly, you will be told this at the beginning of the exam - in the scenario.

    Best of luck this afternoon!

    JC
    ~ An investment in knowledge always pays the best interest ~
    Benjamin Franklin
  • JaffasGirl
    JaffasGirl Registered Posts: 387
    Thanks, i was hoping it would, i couldnt remember seeing it in any of the practice exams.

    and thanks, this is the first exam i have taken for over four year and a half years...

    fingers crossed!
  • janwal
    janwal Registered Posts: 1,189
    JaffasGirl wrote: »
    Thanks, i was hoping it would, i couldnt remember seeing it in any of the practice exams.

    and thanks, this is the first exam i have taken for over four year and a half years...

    fingers crossed!
    Good luck with this mine is on 17th Jan, let me know how it goes.

    Janet
  • JaffasGirl
    JaffasGirl Registered Posts: 387
    I Passed!

    Well i'm 'Competent' lol so phew! so glad, i finished the exam about an hour and twenty early, so spent twenty minutes going through my answers and trying to summon up the courage to press the finish button!!

    I do think thats the hardest part somehow, pressing finish and not panicking!

    Good luck for your exam!

    oh and i does tell you the VAT rate on the 'Introduction' page, so check that.
  • Jo Clark
    Jo Clark Registered Posts: 2,525
    Congratulations! Onwards and upwards with your studies...
    ~ An investment in knowledge always pays the best interest ~
    Benjamin Franklin
  • JaffasGirl
    JaffasGirl Registered Posts: 387
    Thanks!

    And also, just read on the AAT website, that the VAT rate for exams will stay at 17.5% until August 2011, after which if they decide to change it, they will publicise it.

    so there we go, no worries for at least another 6 months!
  • janwal
    janwal Registered Posts: 1,189
    well done, i know what you mean about pressing finish, have done costing already and we had problems logging on which was a nightmare, then when i pressed finish it took aqes to bring up result.

    Hopefully will be better next time.
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