UK VAT Rate Increase
From the 1st January 2010, the standard rate of VAT will return to 17.5 percent. All customers will need to change the VAT rate using the VAT parameters module.  If you need any assistance, please contact our support team. Price Changes Customers who need to increase there prices to take account of the VAT increase, can simply ...


Value Added Tax
Value Added Tax (VAT) is a tax that is charged on most goods and services that VAT-registered businesses provide in the UK.  It is also charged on goods and some services that are imported from countries outside the European Union (EU), and brought into the UK from other EU countries. VAT is charged when a VAT-registered business sells to either another business or to a non-busines...