FrontAccounting forum — Changing VAT from 19 to 21

Re: Changing VAT from 19 to 21

null@example.com (jwbosch) — Wed, 28 Nov 2012 23:27:23 +0000

Erwin,

Thanks!

Jan Willem

erwindebruin wrote:

jan willem,
i have changed the tax rate and name of the 19% vat charge in the settings screen to 21%. Do this after all invoices etc per the period ending 30-9-2012 are finalized and booked in the correct period. After changing this tax rate all works fine (no automatically corrections in previous periods).

Re: Changing VAT from 19 to 21

null@example.com (apmuthu) — Wed, 28 Nov 2012 13:19:24 +0000

Wikiied it!

Re: Changing VAT from 19 to 21

null@example.com (joe) — Wed, 28 Nov 2012 12:02:17 +0000

Sounds great!

Joe

Re: Changing VAT from 19 to 21

null@example.com (erwindebruin) — Wed, 28 Nov 2012 11:04:06 +0000

jan willem,

i have changed the tax rate and name of the 19% vat charge in the settings screen to 21%. Do this after all invoices etc per the period ending 30-9-2012 are finalized and booked in the correct period. After changing this tax rate all works fine (no automatically corrections in previous periods).

Re: Changing VAT from 19 to 21

null@example.com (apmuthu) — Wed, 28 Nov 2012 06:18:11 +0000

Move to another less taxed country or buy/elect a cheaper govt .

Re: Changing VAT from 19 to 21

null@example.com (joe) — Tue, 27 Nov 2012 10:35:16 +0000

You could setup another Tax Group with the changed Tax type included.

Then you simply swap the Tax Group on the Customer/Branch or Supplier

/Joe

Changing VAT from 19 to 21

null@example.com (jwbosch) — Tue, 27 Nov 2012 08:29:16 +0000

Hello,
Here in the Netherland de tax-percentage changed from 19 to 21%.

What is the best way to change the settings in taxes for the future?

Do I have to change the tax-rules for every item?

Jan Willem