VAT Rate Changes in January 2010
As you'll be aware, the Standard Vat Rate returned to 17.5% on the 1st of January 2010.
This change to VAT must be reflected in your Denovo / Axiom accounts software.
Our dedicated Support Staff are on hand to assist with this change.
Please contact us on 0845 230 5290 for advice on how to manage this and make the required amendments.
Do bear in mind that any Credit Notes or cancellation of entries which originally used the 15%
VAT Rate will have to be corrected with the 15% VAT Rate.
The HMRC article 'Increase in the standard VAT rate' can be found
here.