Tag: vat changes
The following articles have been tagged "vat changes."
Regulatory updates June 09
June 4th, 2009
Summary of this month's regulatory updates and links to the detail behind them. Read more »
Sage tax code changes
December 1st, 2008
As you are no doubt aware there is a new standard rate of VAT of 15% which comes into force on Monday 1 December 2008. If you are VAT registered you will need to make changes to your accounting system to allow for this.If you use a computerised system you will need to set up [...] Read more »
Summary on VAT issues following the pre-Budget Announcement on 24 November 2008
November 25th, 2008
The standard rate of VAT will be 15% with effect from 1 December 2008. No other rates are affected. The 17.5% will be restored on 1 January 2010.The new VAT Fraction to calculate VAT included in a cost is 3/23rds.
Cash Accounting Scheme: Note that the CAS only delays the time when VAT is paid to [...] Read more »