How to change the VAT rate to 20% on or after the 4th January 2011

You may change to the new standard rate of VAT in your Sage Accounts program either manually following these instructions, or you can download and run the Sage VAT change utility from the links below.

Instructions on how to change the VAT rate manually.

To change the standard rate of VAT in Sage Accounts, you should edit the standard rate tax code, T1 by default. Note: You should make this change on 4 January 2011.

Open the Settings menu, choose Configuration then click the Tax Codes tab. The tax code information appears.
Select T1 then click Edit. Note: If you use a different tax code for your standard rate of VAT, select the relevant tax code then click Edit. The Edit Tax Code window appears.
In the Rate box, enter 20 then click OK. The Edit Tax Codes window closes.
To apply the change and return to the Sage Accounts desktop, click Apply then click Close. Make sure you click APPLY before closing.

Tip: If you are prompted to save your changes, click No. You have successfully changed the standard rate of VAT. Sage Accounts applies the new rate of VAT to any new transactions that use this tax code. All existing transactions remain unchanged at the old rate of VAT. If you have any memorised or recurring entries, you must update the VAT rate before posting.

Alternatively, get the January 2011 Sage VAT change utility by downloading from the links below. Make sure you download the correct version for your copy of Sage.

Sage 50 Accounts 2011 - Click here to download the utility for Sage 50 Accounts 2011 (v17).
Sage 50 Accounts 2010 - Click here to download the utility for Sage 50 Accounts 2010 (v16).
Sage 50 Accounts 2009 - Click here to download the utility for Sage 50 Accounts 2009 (v15).
Sage 50 Accounts 2008 - Click here to download the utility for Sage 50 Accounts 2008 (v14).
Sage 50 Accounts 2007 - Click here to download the utility for Sage 50 Accounts 2007 (v13).

Instructions for running the VAT Change Utility for the various versions can be downloaded from the links below.

Sage 50 Accounts 2011 - Click here to download the instructions for Sage 50 Accounts 2011 (v17).
Sage 50 Accounts 2010 - Click here to download the instructions for Sage 50 Accounts 2010 (v16).
Sage 50 Accounts 2009 - Click here to download the instructions for Sage 50 Accounts 2009 (v15).
Sage 50 Accounts 2008 - Click here to download the instructions for Sage 50 Accounts 2008 (v14).
Sage 50 Accounts 2007 - Click here to download the instructions for Sage 50 Accounts 2007 (v13).

Also available for Sage Instant Accounts. Make sure you download the correct version for your copy of Sage Instant.

Sage Instant Accounts Version 16 - Click here to download the utility for Sage Instant Accounts V16.
Sage Instant Accounts Version 15 - Click here to download the utility for Sage Instant Accounts V15.
Sage Instant Accounts Version 14 - Click here to download the utility for Sage Instant Accounts V14.

Instructions for running the VAT Change Utility for the various versions of Sage Instant Accounts can be downloaded from the links below.

Sage Instant Accounts Version 16 - Click here to download the instructions for Sage Instant Accounts V16.
Sage Instant Accounts Version 15 - Click here to download the instructions for Sage Instant Accounts V15.
Sage Instant Accounts Version 14 - Click here to download the instructions for Sage Instant Accounts V14.