UK VAT Change

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In his Pre-Budget Report on 24 November 2008 the Chancellor announced that the standard rate of VAT will be reduced to 15% on 1 December 2008.

In light of this announcement, Microsoft UK is presently finalising its proposed technical guidance for customers which will be published shortly. It is expected that the change to the standard rate of VAT will affect customers

Updated technical guidance will be made available very shortly, please check back later.

For further detailed information and HMRC guidance about the change, please visit the HMRC Website at  https://www.hmrc.gov.uk/pbr2008/