Just got my usual email from moneysavingexpert and theres a little info on the VAT increase :
Warning! VAT hike next week
This is 'golden week' with sales on and VAT still 17.5%
If you've planned big purchases, this week's likely to be perfect timing, as the sales intersect with the lower VAT rate. VAT hiked next Tue: On 4 Jan the tax increases from 17.5% to 20%, meaning something that costs £100 now will cost £102.13 then. Will all retailers pass it on? No. VAT is a tax on businesses, so it's up to them -
spot the mistake !
So, the increase is not going to be so bad after all .