Different tax rates on sales and purchases
Paul Timms
7-29-20
Operating system: Windows
In the UK, new tax legislation has just come in. Specific sales within the hospitality sector can now sell products and services at a reduced rate of 5% VAT, instead of the normal 20% rate.


This means that a product could be purchased from a supplier at 20% VAT, and sold at 5% VAT. Is there any way to handle this in the standard software?
Leave Comment
You can subscribe to notifications for this post by selecting the 'star' icon on the top right corner of the post.
Latest Posts
Bror-Erik Kotiranta
Clients have their own cache, and then the server has the shared cache, if you want it kind of black and white. Presense should be there as far as i know...
10:55 7 July 2025
Yavuz Yigiterhan
Hello Paul, That is something only HansaWorld can do. But that would help to understand is that causing the problem and - if so - we fix the issue. Additional information is appreciated. Yavuz...
10:45 7 July 2025