We don’t have enough problems with Brexit… Now we have to account for VAT rates increasing!
All details on how to make these changes are listed on the following link.
All clients will have slightly different scenarios, between memorised Invoices or Purchase orders, Recurring entries etc.
But the most important one will be selecting Products and changing from 21% to 23%.
Will you check out this video, please.
From 1st March all NEW Sales & Purchase invoices at 23%.
Yes, during transition period you may have outstanding Purchases Invoices that may have to use the old rates at 21%.
I think that is all.
If you have any questions, please come back to me.
Best Regards
Linda O’Connor
Tel 021 4544 144