VAT-related searches leap as tax goes back up

LONDON - The connection between search and nationwide issues has never been stronger, with search terms related to this month's VAT change up 54%, according to data from Experian Hitwise.

As the Government hiked UK VAT rates back to 17.5% from 15% on 1 January, search terms relating to the change have rocketed.

Terms including 'VAT increase 2010', 'VAT rate change' and 'when does VAT go back to 17.5%' increased by half last week across all search engines.

Nearly 50% of those searching for information about the VAT increase ended up visiting the , while 13.3% visited news sources for more information.

Another 12.9% of those searching visited business and financial sites, which paid for 26.8% of the traffic they received with business information sites such as Business Link bidding aggressively on a number of terms.

Only 4.2% of searches went to retail websites, although the sector saw a surge in the traffic the week before with consumers trying to grab last-minute bargains before the rate increase.

Between 21 December and 2 January, UK Internet visits to retail websites increased by 13%. The increase in that period was only 2% the previous year.

The biggest increase during that period was in the house and garden sector, where retailers experienced a 67% increase in traffic.

Other sectors selling big ticket items also experienced above average increases, with the sport and fitness, computers and appliances and electronics categories all performing well.

You have

[DAYS_LEFT] Days left

of your free trial

Subscribe now

Get a team licence 

 Give your teams unrestricted access to in-depth editorial analysis, breaking news and premium reports with a bespoke subscription to ±±¾©Èü³µpk10.

Find out more

Market Reports

Get unprecedented new-business intelligence with access to ±±¾©Èü³µpk10’s new Market Reports.

Find out more

Looking for a new job?

Get the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.

Create an Alert Now