Vat rate change and sage update
Sat, 19 Dec 2009 11:43:00
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The rate of vat is changing back to 17.5% from 1st January 2010. Here is the process to folow to change the vat rate in Sage. From the settings list (Sage 50 Accounts v16) • Configuration • Tax codes • Highlight the T1 code (should currently say 15%) • Select edit • Change rate to 17.5% • Select OK • Select apply • Select close NB Best to go back into configuration and tax codes and make sure T1 now reads 17.5%.  |
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