VAT is on the Increase in Europe: As Europe muddles through to sort out its economic crisis, one of the many measures adopted for raising revenue has been the increase of VAT rates. It may be called by different names, but Value Added Tax (VAT) unfortunately impacts on the cost of our travel (not to mention shopping) and some of the VAT rates in Europe are already extremely high.So any further VAT increases certainly isn’t good news for the travelling public. What is Vat Unfortunately, VAT … [Read more...]