VAT Increase from January 4th 2011

VAT Increase from January 4th 2011

December 14th 2010 8:22 pm

general

Just a quick reminder - the current 17.5% VAT rate will be increasing to 20% from January 4th 2011. This means anything st ...

By Ray Arman

1,484 views

Just a quick reminder - the current 17.5% VAT rate will be increasing to 20% from January 4th 2011. This means anything standard rated that is sold on or after this date should have VAT applied at the new 20% rate. Where you have provided an invoice after the 4th January date, but provided the goods or service before - you are allowed to charge the old 17.5% rate. If you issue the invoice or received payment before the 4th January date, but provide the goods/service after - you can charge the VAT as either 17.5% or 20%. The reduced 5% VAT rate will remain unchanged. If we don't update our blog again before the end of the year -
Merry Christmas and Happy New Year From Everyone at TaxPenny!

be smart. find an accountant online now. it's easy!

what type of accounting work do you need help with? choose below.

terms and conditions

privacy and cookie policy

cookie policy

sitemap

are you an accountant? join our network

have a website, blog or app? become an affiliate

find an accountant

east midlands

east of england

london

north east

north west

northern ireland

scotland

south east

south west

wales

west midlands

yorkshire and the humber

Disclaimer

We are a lead generation facility for accountants located across the UK. We provide our visitors with the ability to search for accountants directly or provide details of the work they require and seek out accountants looking for clients with similar circumstances. Users of this website are assured that their personal details are not distributed to more than one accountant and that accountant is then allowed to contact the user to discuss the service the accountant can provide. All data transmission on this website and administration facility is carried out under full 256-bit SSL encryption.

Please read our full disclaimer.