VAT Rate Changes in January 2011
As you will be aware, the Standard Vat Rate will increase to 20% on the 4th of January 2011.
This change to VAT must be reflected in your Denovo Legal Intelligence 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 17.5%
VAT Rate will have to be corrected with the 17.5% VAT Rate.
The HMRC article 'Increase in the standard VAT rate' can be found
here.