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  VAT decreases from 17.5% to 15%
On 24 November 2008, the Chancellor announced a decrease on the standard VAT rate for a period of 13 months. Beginning 1 December 2008, the standard VAT rate changes from 17.5% to 15%. If you track VAT, we've created comprehensive FAQs to help guide you through implementing this change in QuickBooks.

Read FAQs on how to make VAT changes in QuickBooks

 
 
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