Sage Line of Product Experts » Sage 2010 http://www.sageexperts.net Blog on Sage Accounting products across the globe Sat, 25 Sep 2010 09:15:08 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 The standard rate of VAT is returning to 17.5% on 1 January 2010 how do you apply it in Sage 2010 http://www.sageexperts.net/the-standard-rate-of-vat-is-returning-to-175-on-1-january-2010-how-do-you-apply-it-in-sage-2010/ http://www.sageexperts.net/the-standard-rate-of-vat-is-returning-to-175-on-1-january-2010-how-do-you-apply-it-in-sage-2010/#comments Thu, 07 Jan 2010 17:11:12 +0000 Ashwin Kandoi http://www.sageexperts.net/?p=96 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 2010
  • All VAT invoices you issue to other VAT registered businesses on or after 1 January 2010

check further details on www.sage2010.com

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