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New AI Community Guidelines. Please review and follow them to ensure AI use stays safe, accurate, and compliant.
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UK VAT Rate Change - 1st January 2010
For further updates and availability of the automated scripts, please refer to the UK Edition section
You will by now have read the reminders from your local VAT office that the standard rate of VAT will return to 17.5% from 1st January 2010.
NetSuite are in the processing of documenting how these changes will impact you, if you are VAT registered, and how to apply these changes to your account. Just like last year we plan on providing a script that will update tax codes on Items and open sales orders so that switchover can be made with ease.
We will be sending out an email communication later this week highlightling availability of the documentation and web based training sessions for all end users.
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