MAM Urges VAT Planning

MAM Software Ltd. is advising businesses to begin planning now for the impending change in VAT rate. The VAT rate will return to 17.5 per cent on 1 January 2010, but MAM Software is recommending companies make their preparations before they close for the Christmas break. "Businesses should begin planning as soon as possible" explained Robin Darnell, Director of Support Services at MAM Software. "A lack of preparation will hinder the changeover. Much like Christmas shopping, the later you leave it, the busier it gets and the more stressful it becomes. If businesses plan now, they will have ample time to ask questions and understand the processes involved." MAM Software has published a number of detailed factsheets to help its customers implement the change. These can be accessed online at www.mamsoft.co.uk/vatchange.