Beds24.com User Forum

The UK have announced a VAT cut on hospitality.

If I amend the rate from 20% in the system to 5%, will the reporting show the different VAT rates for bookings on different dates? Or will it report on all the bookings at 5% (even previous ones?).

Changed to the VAT rate only apply to bookings which were made after the change was made. You will need to adjust other bookings manually if required.