Accounting Practices
VAT Returning to 17.5%
December 2009
It has been widely announced in the news and by HMRC that the VAT standard rate is returning to 17.5% on 1st January 2010. Changing the rate within Diamond Discovery software will depend on which...
VAT Rate Change in November 2008
November 2008
You should by now have received a letter from HMRC which aims to explain the details of the standard VAT rate change effective 1st December 2008. The definitive explanation of the VAT changes can...