Difference between revisions of "L08 - VAT Rate Percentage (Accounts Report Generator variable)"
From Catalyst
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(Updated from revision control) |
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== Returns == | == Returns == | ||
A numeric value whose typical size is 3 digits plus 2 decimal places. | A numeric value whose typical size is 3 digits plus 2 decimal places. | ||
| − | There are | + | There are up to 9 V.A.T. rates available to Platinum, the first four of these are usually configured as below. |
;1 | ;1 | ||
:20% (Standard Rate) | :20% (Standard Rate) | ||
;2 | ;2 | ||
| − | :0% (Zero Rated - Book, Childrens Shoes, Items sold overseas etc) | + | :0% (Zero Rated - Book, Childrens Shoes, Items sold overseas etc.) |
;3 | ;3 | ||
:0% (Exempt - Essential safety equipment) | :0% (Exempt - Essential safety equipment) | ||
;4 | ;4 | ||
| − | : | + | :5% (Reduced Rate - Fuel etc.) |
{{KB_Tags|vat, tax}} | {{KB_Tags|vat, tax}} | ||
[[Category:Accounts Report Generator variables]] | [[Category:Accounts Report Generator variables]] | ||
Latest revision as of 05:30, 28 October 2021
Syntax
L08
Description
The V.A.T. rate percentage for this item.
 | This is the percentage V.A.T. charged at the time the document was raised, and will reflect V.A.T. rates in effect at that time. |
Parameters
None.
Returns
A numeric value whose typical size is 3 digits plus 2 decimal places. There are up to 9 V.A.T. rates available to Platinum, the first four of these are usually configured as below.
- 1
- 20% (Standard Rate)
- 2
- 0% (Zero Rated - Book, Childrens Shoes, Items sold overseas etc.)
- 3
- 0% (Exempt - Essential safety equipment)
- 4
- 5% (Reduced Rate - Fuel etc.)
