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What arrangements are in place for the VAT rate change?

arrangements rate VAT
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What arrangements are in place for the VAT rate change?

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The standard rate of VAT changed to 15% with effect from 1st December 2008. Please note: if you have provided goods or services before this date, the 15% VAT rate will still apply unless the supply was made July 2008 or earlier. This is in accordance with an agreement between MOD and HMRC. Our systems will automatically reduce VAT that has been overclaimed and we will inform you of this once we have confirmed the reduction is correct. If it is not we will raise a supplementary VAT only invoice for the 2.5% Have you received my invoices? We offer an automated email notification service. We will email your nominated address to confirm receipt of your invoices, and advise the expected date of payment into your account, subject to checking. If you wish to take advantage of this service, please quote the appropriate email address on your DAB10 summary form when you submit your invoices for payment. When can I expect payment? Payment will normally be made 11 calendar days after correctly pre

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