You may be aware that the Chancellor announced temporary reduction in the standard VAT rate which becomes operational on 1 December 2008.
The temporary rate applies until 31 December 2009 and is 15% in stead of the current standard rate of 17.5%.
If you have a support agreement with Akuna, then we have updated your system during the evening on 24 November 2008 so that sales and purchases made after the 1st December 2008 can have the correct rate applied.
You will need to take care when processing the following transactions: