UK Hospitality VAT Changes

UK Hospitality VAT Changes

The UK has cut the reduced Value Added Tax on hospitality services from the current 20% standard rate, to the reduced rate of 5% on 15 July 2020. The hope is that this will boost the economy after the effects of Coronvirus, and create new jobs to reduce unemployment. ...
How to Change the German VAT Rate in Pegasus Opera 3

How to Change the German VAT Rate in Pegasus Opera 3

With effect from 1st July 2020, Germany has decided to lower their VAT rates to help boost the economy after COVID-19 and it is quite likely that other countries will follow in their footsteps. Standard rate is to be reduced from 19% to 16% Reduced rate is to be...