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What if the VAT rate change occurs part-way through one of my VAT periods?

April 26, 2017occurs part-way periods rate VAT

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What if the VAT rate change occurs part-way through one of my VAT periods?

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You will have to make two calculations for that period, one with the appropriate fraction applied to receipts before the change and one with the new VAT fraction applied to receipts after the change. The following paragraphs briefly tell you about the effect on each of the schemes.