On the third day of Christmas….

- When going to the shops, avoid driving your car with standard rated petrol and catch the bus or train instead – you’ll also avoid the queues in the car park too!

- As the vast majority of people will be aware of the VAT rise, a pre-Christmas marketing push could encourage customers to purchase now. After the rise, holding any prices as they are could provide a competitive edge especially if you can boost margins on other lines to compensate.

- As a charity, don’t charge an entrance fee to your event.  This way you avoid paying VAT on the amount and can use this to encourage people to come along.