HMRC Vat legislation changes

The increase in Vat rate from 17.5% to 20% is to be applied from 4th January 2011, details of which can be found on the following HMRC website address http://www.hmrc.gov.uk/vat/forms-rates/rates/rate-increase.htm

Updates with regards to the changes to Sage Line 50 and tax codes will be posted on our website shortly.

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