Buying Gas Electricity Water and Phone Utilities for business in the UK
These items are often overlooked and form a regular cost to any business. Utility costs are rising significantly and can be an area for some careful buying decisions to save running costs.
Vat is set to rise from 17.5% to 20% in January 2011 which will affect more than 4.8 million small businesses in the UK, this is a hidden cost to businesses which was estimated to be around £1,000 to nearly a million SME’s last year and will be another hike for bus iness costs in 2011. It will pay all business users to assess their usage and trawl around price comparison web sites to gauge the best price. Many factors affect the price you pay, shop around. Some utilities can be bought in bundles for even better savings. You can’t shop around for water but you can take steps to reduce your consumption with simple audits and perhaps metering. This may help you to use water more efficiently – the basics.
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