The standard rate of VAT is returning to 17.5% on 1 January 2010 how do you apply it in Sage 2010

January 7th, 2010 in Sage 2008, Sage 2010, sage 2009 | leave a response

The customers will need to apply the 17.5% rate to all sales of standard rated goods and services taking place on or after that date.

What you should apply the new rate to:

All takings received on or after 1 January 2010All VAT invoices you issue to other VAT registered businesses on or after 1 January 2010

check further details on http://www.sage2010.com/

Tags: registered businesses, VAT Rate Change in Sage

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