Vat Rate Change - Customs and Excise

Will I be affected in the Isle of Man by the VAT rate change to 20% due on 4 January 2011?	Yes, the standard rate of VAT will also change in the Isle of Man. Latest guidance on how to deal with the rate change is available from Her Majesty’s Revenue and Customs (HMRC) website. Isle of Man traders requiring any further advice on this matter should contact the Isle of Man Customs and Excise Business Advice Centre on 648130