5/29/2007 5:08:00 PM
Reverse charge software
Software company Access Accounting has released a VAT upgrade to coincide with the change in legislation with the reverse charge.
The programme will ensure users can cope with the changes in legislation and apply it to their business.
As of 1 June, companies that buy or sell mobile phones or computer chips will have to apply the new rules to business transactions over £5,000.
Access Accounting said it has had to wait to release the new upgrade due to the new law being delayed several times.