VAT rate increase: A tutorial
The most popular questions in Friday’s Q & A on the Pre-Budget Report were on the subject of the VAT rate increase. Although this has been expected for some time, it is clear that many business owners feel a bit at sea regarding the practicalities of the change, so this article draws together the basics, and links to some of the previous articles we have featured on some of the more complex areas.
Do I simply raise January invoices at 17.5%?
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Related links
Vat increase in January
Here we go again ... this time though we've learnt that users struggle to manage it by themselves, and we're putting a big "FIX MY PRICES" button into the Pearl system (more info here) so that it can't go wrong.
Chris