Over the last couple of years I have been asked many times how one would handle flat rate VAT in Office Accounting, either from an end user standpoint or from an engineering standpoint. But before I begin, I will tell you flat out that I am not a big
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As you may have seen in the news and as reported on the HMRC website, the standard VAT rate will be lowered temporarily by the government: “ In his Pre-Budget Report on 24 November 2008 the Chancellor announced that the standard rate of VAT will be reduced
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