VAT Rate Change

Coping With The Vat Rate Change - How To Calculate And Deduct The New Vat Rates

Adapted from an article by Tim C James Although most companies are now up to date with the VAT rate change, there are still many occasional traders and people who freelance for a second income, like yours truly who are having to calculate new prices after the VAT rate change. Implementing the change can be tricky - invoices have to be amended, spreadsheets and databases need to be changed, and things can get complicated! Traditionally, many people have used the fraction method t