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VAT Rate Change Announced (UK) - January 2010 |
Updated: Tue, 8 Dec 2009 9:31:05 GMT |
| The chancellor has announced that the standard rate of VAT will return to 17.5%, effective from 1st January 2010, which means that the sale of standard-rated goods or services should be charged at this new rate on or after this date.
The immediate implication of this news is that you will need to make some changes to the tax rates that are set up in your ticketing software. We have provided helpsheets for you that give instructions on how to do this as well as some reporting advice and recommendations too. If you're using ProVenueDatabox Click here to download your VAT helpsheet. If you're using ProVenueMax Click here to download your VAT helpsheet. |