Vat Increase
As of 1 April 2018, the effective VAT rate will rise from 14% to 15%.
Please ensure that your accounting systems are set up to process transactions at the new VAT rate of 15% from 1 April 2018.
A timely adjustment in accordance with the new rate will avoid penalties or interest due to an under declaration of income or an overstated claim on your VAT201 return.
Should you require any assistance please feel free to contact us:
Kind Regards
