On 1st April 2022, VAT rates will return to 20%, following extended periods of reduced VAT rates to support certain business sectors during the pandemic.
In July 2020, the government reduced the VAT rate from 20% to 5% to support hospitality sectors, before increasing it to 12.5% on 1st October 2021, rather than returning to the previous 20% rate.
To get your business ready for the return of the 20% rate in April, you’ll need to make a few changes to your EPOS systems.
To make it easy, we’ve created simple step-by-step guides to help you quickly add a new VAT level. You can download your system specific guide below to get started:
For further support, please contact our team on 0330 024 5014 or email email@example.com