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Increase in the standard VAT rate
The standard rate of VAT was tem- using the VAT fraction you must revert
porarily reduced to 15 per cent on 1 to the VAT fraction of seven fortysev-
December 2008 and it will return to enths from 1 January 2010.
unaffected by this change.
17.5 per cent on 1 January 2010.
The change only applies to the stan-
Spice Business Magazine has been
For any sales of standard-rated goods dard VAT rate. There are no changes to
receiving numerous comments from
or services that you make on or after 1 sales that are zero-rated or reduced-
Indian restaurateurs and Takeaways
January 2010 you must charge VAT at rated for VAT. Similarly, there are no
complaining it is too early to go back
the rate of 17.5 per cent. If you have a changes to the VAT exemptions. Any
to square one given the credit crunch
cash business and calculate your VAT sales you make at these rates are
still biting hard. Their last quarter sale
dipped to an unprecedented low.
Cliff sings Newcastle restaurant’s praises
Cliff Richard and Hank Marvin recently Sir Cliff, who was born in India, ate the the best he had ever tasted, and it was
visited a Tyneside curry restaurant Lucknow rogan josh. a treat to be here.”
following a Shadows reunion show.
They popped into Raval Restaurant on Manager Avi Malik said “Sir Cliff said Sir Cliff and Hank also tucked in lob-
Newcastle Gateshead Quayside after he eats in places all over the world but ster and mango, and dehi bera - lentil
their show at the Newcastle Arena and our Indian food was real Indian food, “doughnuts” in yoghurt and coriander.
Brick Lane curry festival draws in the crowds
Around 60,000 people are estimated to
music and other attractions as well as vegetable grown locally in Spitalifields,
have attended this year’s Brick Lane
food. as part of a low fat dish intended to
Curry Festival on September 27th, with
show that eating curry can be healthy
over 50 of the area’s curry restaurants
A special new dish was created to mark as well as enjoyable.
participating. The annual event has
this year’s festival. The Brick Lane
been running since 1996 and includes
Green Curry uses Turia, a Bangladeshi
spice_nov_dec.indd 22 05/12/2009 11:26
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