Q: How do you think your nursery business will be affected by the rise in VAT to 20 per cent?
'Although our VATable costs are a relatively small percentage of our overall costs, investment and renewals of items such as toys and furniture will cost more. We purchased larger items before the VAT increase and will look to reduce our spending on non-essentials this year.'
'The VAT increase affects buying all our consumables and equipment and has already hit us, as we had ordered an outdoor play surface and now the cost has increased. The industry should be exempt from paying VAT.'
'I really do believe that the government should be looking at the VAT implications for our sector and designing a special registration so that we can claim the VAT back.We are such a government-regulated industry, and the extra implications of the VAT are going to cause providers even more pressure on the endeavour to remain sustainable, while trying to keep prices affordable.'
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