X26 - VAT Rate (Accounts Report Generator variable)

Syntax

X26

Description

The V.A.T. rate for a V.A.T. relevant transaction pair.

Parameters

None.

Returns

A numeric value whose typical size is 1 digit. There are currently 4 V.A.T. rates available to Platinum, these are usually configured as below.

1

20% (Standard Rate)

2

0% (Zero Rated - Book, Childrens Shoes, Items sold overseas etc)

3

0% (Exempt - Essential safety equipment)

4

0% (Spare)

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Keywords AND Misspellings

vat, tax