21% VAT rate is live today Tuesday September 1st

23% is 21% from today, with some exceptions, ensure your bookkeeping and accounting software has been updated. Check your default VAT codes attached to Customers, Suppliers and Products.

Read the link below to get more information on how to handle

  • Invoices
  • Credit Notes
  • Payments in Advance
  • Contracts existing at time of a change in VAT rates
  • Utilities (gas, electricity, telecommunications)
  • Budget account sales, hire-purchase sales and other credit