diff --git a/RIGS/rigboard.py b/RIGS/rigboard.py
index 050e0eda..269cbdb5 100644
--- a/RIGS/rigboard.py
+++ b/RIGS/rigboard.py
@@ -47,6 +47,8 @@ class EventCreate(generic.CreateView):
     def get_context_data(self, **kwargs):
         context = super(EventCreate, self).get_context_data(**kwargs)
         context['edit'] = True
+        context['new'] = True
+        context['currentVAT'] = models.VatRate.objects.current_rate()
 
         form = context['form']
         if re.search('"-\d+"', form['items_json'].value()):
diff --git a/RIGS/templates/RIGS/item_table.html b/RIGS/templates/RIGS/item_table.html
index 199f92c3..cac7e0ba 100644
--- a/RIGS/templates/RIGS/item_table.html
+++ b/RIGS/templates/RIGS/item_table.html
@@ -29,8 +29,13 @@
 				<td colspan="2">£ <span id="sumtotal">{{object.sum_total|default:0|floatformat:2}}</span></td>
 			</tr>
 			<tr>
-				<td id="vat-rate" data-rate="{{object.vat_rate.rate}}">VAT @
-					{{object.vat_rate.as_percent|floatformat|default:"TBD"}}%</td>
+				{% if new %}
+					<td id="vat-rate" data-rate="{{currentVAT.rate}}">VAT @
+						{{currentVAT.as_percent|floatformat}}% (TBC)</td>
+				{% else %}
+					<td id="vat-rate" data-rate="{{object.vat_rate.rate}}">VAT @
+						{{object.vat_rate.as_percent|floatformat|default:"TBD"}}%</td>
+				{% endif %}
 				<td colspan="2">£ <span id="vat">{{object.vat|default:0|floatformat:2}}</span></td>
 			</tr>
 			<tr>