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Glasses and contact lenses go up in price due to IVA bracket change ordered by EU
11 January 2014 @ 19:35

CONTACT lenses and spectacles will be more expensive this year thanks to an EU-based order to streamline IVA (VAT) paid.

Eyeware is now considered to be a healthcare product and as such, should attract top-rate IVA, according to an EU ruling last year which has just come into force.

This means the value-added tax on glasses and contact lenses will now be 21 per cent, not 10 per cent.

The move has caused widespread fury among residents in Spain, since an estimated half of everyone living in the country has to wear glasses or contact lenses, whether purely for reading or computer work, or all the time.

And the essential nature of these means even further hardship is guaranteed for many families who are already struggling to make ends meet.

Read more at thinkSPAIN.com



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windtalker said:
12 January 2014 @ 17:58

Next time you are in the U.K go into Specsavers or the optic shop
you can have a eye test and two pairs of glasses for £85.00 place your order and pick them up in 24 hrs.

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