The document attached to this post ("UK VAT Setup Guidelines in AX 2009.PDF") provides a sample setup of Value-Added Tax (VAT) in Microsoft Dynamics AX for the United Kingdom.  The document contains illustrations of different transaction scenarios and how they are reported by AX in the VAT Payment Report.

For comprehensive information on VAT in the UK please refer to the HM Revenue & Customs website:





--author: Anthea McCarthy, Ingeborg Heinrich
--editor: Anup Shah
--date: 12/Apr/2011