John Lewis to delay VAT price hike for customersJohn Lewis to hold off VAT rise until January 31
13 November 2009
John Lewis is planning to delay passing on the higher rate of VAT to customers until the end of January.
VAT is due to rise from 15% to 17.5% from 1 January 2010, but John Lewis has confirmed to Which? that it is finalising plans to hold off increasing its prices until the end of the month, following a report in the Financial Times.
John Lewis is a firm favourite of Which? members - check out how they fared against other big department store names like Debenhams and Marks and Spencer in our surveys of high street shops and online stores.
John Lewis clearance prices
The plans to delay the VAT price rise is good news for customers looking for a bargain in the John Lewis clearance sale after Christmas and throughout January, as all products will still be priced at the lower rate - including kitchen appliances like juicers or coffee machines, or gadgets like MP3 players or Blu-ray players.
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