N19 - Centre Default VAT Rate/Percentage (Reports & Settings Report Generator variable)
From Catalyst
Syntax
N19{R/P}
Description
The default V.A.T. rate code, or percentage V.A.T. for this centre.
Parameters
- R/P
- A text parameter that can be omitted (it defaults to "R").
- R
- Returns the default V.A.T. rate code.
- P
- Returns the percentage corresponding to the default V.A.T. rate code.
Returns
A numeric value whose typical size is 1 digit. 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.)