New UK VAT Rate

[TheHostingHeroes]

hi

 

currently we have all invoices set to generate 7 days prior to due date. some invoices currently have 17.5% VAT on them, how do we globally change them to the new VAT Rate of 15% ??

[Matt]

For the rate change to 15% on 1st December, you will just need to delete the existing rules and setup new ones for the 15% rate. Existing invoices are locked in at the rates that were set at the time they were generated so deleting/altering the rates in the configuration area will not affect previous invoices, only future ones as required.

 

Alternatively, running this query on the DB will update all existing rules:

 

UPDATE tbltax SET taxrate='15' WHERE taxrate='17.5';

 

See http://forum.whmcs.com/showthread.php?t=15910 for furthur discussions on the change.

 

Matt