Thank you Havard & Erik fo your prompt replies. The current UK.rates are Standard 20%, Reduced 5%, Zero 0% & Exempt. I went into System->Chart of Accounts->Add Accounts and added three new accounts VAT.(Standard rate) : 2201, VAT.(Reduced rate) : 2206 & VAT.(Zero rate) : 2207. Account type Liability. All four tax check boxes ticked. I then went into system->Taxes. I entered the appropriate finishing date (31/12/10) for the old 17.55 & 5% rates. I added the appropriate rates for my new Standard, Reduced and Zero accounts. I entered the appropriate account numbers. In the Valid To column I entered 31/12/12 for the new accounts. Ordering column entries are all 0. Tax Rules all Simple. Update. There are now two blank rows with infinity in the Valid To column. Save. It acknowledged that it was saved successfully. I would suggest that VAT. rates are likely to be varied regularly and therefore the account names shold be non specific. http://www.hmrc.gov.uk/VAT/forms-rates/index.htm should find you the rates. I have been guided by paragraph 5, page 23 in the manual. In particular paragraph 5.1.2 does not work for me. Paddy Walker
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