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VAT-Update As you may be aware, the standard rate of VAT will be decreased from 17.5% to 15%, effective from the 1st of December, 2008. From the 1st of December, the new rate should be used on all orders and invoices. Full details about this change can be found on the HMRC website here. We would like to draw your attention in particular to this summary document which outlines important impacts for your business: http://www.hmrc.gov.uk/pbr2008/vat-guide-sum.pdf
Mamut is pleased to provide you with the Mamut Standard VAT rate update tool to help you change the VAT settings within your Mamut Business Software. It is important to note that in order to use this tool, you must be using version 11.2.5186 of Mamut Business Software. The VAT tool will only work on version 11.2.5186. You are able to check what version you have by selecting “Help - About” in your Mamut system.
How to update the Standard VAT rates:
- If you are not on version 11.2.5186, please update by downloading from the link on top of this page. - If you are on version 11.2.5186, please go to this page: www.mamut.co.uk/vat for further information. |