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Kent Space is pleased to announce there will be NO VAT Price Increase for our Self Storage customers in October 2012, unlike many of our local and national competitors.
In the March 2012 budget the Chancellor announced the Governments intention to change the VAT exemption many Self Storage providers offer their domestic customers, effective from 1st October 2012. Essentially, this means many customers already using self storage could see price increases of up to 20%.Yes - 20%. The impact will be felt by many domestic storage customers as they are unable to reclaim the VAT back.
Don't be fooled by pre-paid offers. Any self storage provider advising customers to pre-pay, in the hope of avoiding the charges, will find themselves falling foul of the law. The new regulations cover anti avoidance measures, meaning ALL self storage customers must pay VAT from October 1st 2012, pre-paid or not.
If you're concerned about your current self storage prices, now is the time to contact Kent Space. Not only do we make self storage simple, we make our pricing structures affordable too.