Stuart Kelly » VAT

VAT Rate Increase

admin — Wed, 11 Nov 2009 12:58:14 +0000

From the 1st January 2010, the standard rate of will return to 17.5 percent.

All customers will need to change the VAT rate using the VAT parameters module. If you need any assistance, please contact our support team.

Source: HMRC

UK VAT Rate Change

admin — Wed, 26 Nov 2008 09:09:34 +0000

From the 1st December 2008, the standard rate of VAT will be reduced to 15%. The measure was announced by the Chancellor on Monday 24th November 2008, in his pre-budget statement.

All Fashione customers will need to reduce the VAT rate using the parameters module, before Monday morning. If you need any assistance, please contact our support team.

Source: HMRC

Ireland VAT Raise

admin — Fri, 07 Nov 2008 09:03:34 +0000

The Irish government has confirmed it is to increase the standard rate of VAT from 21% to 21.5% as of 1st December this year.

Fashione customers will need to change the existing VAT rate on the evening of Sunday 30th November. This will ensure all point of sale computers are updated overnight.

Sources: AccountancyAge and ICAI