

From 4 January 2011, the standard rate of VAT will rise from 17.5 per cent to 20 per cent. The new rate of 20 per cent must be applied to all supplies of standard-rated goods and services made on or after that date.
To help you and your clients make the necessary changes to your Sage software, we've posted some useful information on www.sage.co.uk/legislationchanges
We've also posted some videos on how people are dealing with VAT within their business: