Was wondering if someone could explain how to go about changing the value of the set VAT amount. As you may have heard our government have decided to make life complicated for companies and have changed the amount from 17.5% to 15% which is to be applied from Mon 1st December (so a prompt reply would be greatly appreciated).
Alternatively if there was a way of setting up a 2nd VAT code set at 15% so we could switch between the two that would be helpful.
Hope this makes sense.
Many Thanks - Emma