I07 - VAT Rate Percentage (Vehicle Sales Report Generator variable)

Syntax

I07

Description

The V.A.T. rate percentage for this item.

Parameters

None.

Returns

A numeric value whose typical size is 2 digits plus 2 decimal places. There are currently 4 V.A.T. rates available to Platinum, 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

0% (Spare)