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VAT Changes 4 January 201

 

 

PLEASE NOTE ALL INFORMTION DIRECT FROM INTUIT SITE. ALL RIGHTS RESERVED TO INTUIT. LINKS SHOWN HERE FOR EASE OF USE.

 

On Tuesday 4 January 2011, the standard VAT rate will be changing to 20%. We want to help make sure you are ready, and the transition easy, so we've compiled a list of FAQs to guide you through. You’ll find instructions on how to make the rate change in QuickBooks.  It’s a one-off process, so once you’ve set it to the new rate, it will calculate all your VAT correctly, every time.

We’ve also compiled an article that gives 7 tips on how to handle the change within your business

 

 

 

Changes in the VAT Rate for Quickbooks users. How to change the VAT Rate in Quickbooks 2006. 2008, 2010