Line 100 - To change the VAT from 17.5% to 20.0% as from the 1st January 2011.

Go into Accounts System Parameters, and click onto VAT Rates.

Once your in the VAT Rates screen, simply high-light Number 2 (Standard) and amend to 20.0%, press Enter to save the changes made. Repeat the process on Number 6 (Standard commission).

Press Exit twice, this will then allow you to exit the Parameters screen.

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