Saturday, August 24, 2013

REQUIREMENTS OF EXCISE INVOICE IN TALLY 09


HOW TO CREATE CENVAT CREDIT IN TALLY 09


WHAT IS THE EXCISE VALUATION METHODS IN TALLY 09


TALLY 09-WHO IS THE MANUFACTURE? , WHAT IS EXCISABLE GOODS?,AND TYPE EXCISE GOODS


HOW TO CREATE EXCISE FOR MANUFACTURERS IN TALLY 09 ?


HOW CREATE PURCHASE INVOICE FOR SERVICE TAX IN TALLY ERP 09


HOW TO CREATE PURCHASE LEDGER -LEDGER MCREATIONG FOR SERVICE TAXASTER IN TALLY 09


HOW TO CREATE (SALES LEDGER ) LEDGER MASTER FOR SERVICE TAX IN TALLY 09


HOW TO CREATE THE LEDGER MASTER FOR SERVICE TAX IN TALLY 09


HOW TO CREATE (SUNDRY DEBITOR) LEDGER MASTER FOR SERVICES TAX IN TALLY 09


HOW TO CREATE (SUNDRY CREDITOR ) LEDGER MASTER FOR SERVICE TAX IN TALLY 09


HOW TO DO SERVICE TAX -TALLY ERP 09 CONFIGURING AND SETUP


WHAT IS THE BASICS OF SERVICE TAX IN TALLY 09


HOW TO CREATE JOB COSTING SETUP IN TALLY .ERP 9


CREATING PARTY LEDGER AND STOCK ITEM


HOW TO CREATE INPUT / OUTPUT VAT LEDGER IN TALLY ERP 09



HOW TO CREATE Purchase Ledger



Go to Gateway of Tally > Accounts Info. > Ledger > Create.



Creating Purchase Ledger

Go to Gateway of Tally > Accounts Info. > Ledger > Create.

HOW TO INSERT/ PAST A TABLE TO BLOGGER POST FROM MICROSOFT WORD/EXCEL

To create a table in Microsoft word
1) Go to Microsoft word
2) Go to Insert----Table----Insert Table
3) Give the number of Columns and Rows
4) Complete the table with whatever you want to write.
5) Select the table by clicking the following highlighted option, it will appear on mouse hover.

Right click and then click Copy

-----àTo convert the table into HTML codes
PAST IT IN EXCEL PAGE AND THEN COPPY THE SAME TABLE

1    Go to Tableizer then paste the table codes there in the Text field
This is the link for tableizer
http://tableizer.journalistopia.com/
2) You can customize Font size, Header color and Font style there, the options are available bellow the text field.
3) After setting up click on Tableize it. It will converts the table into HTML codes.
4) Now go to Blogger------New Post------HTML editor
5) There you will see a piece of codes like this

<div dir="ltr" style="text-align: left;" trbidi="on">
<br /></div>

6) Paste Converted HTML codes right before <br/> tag

7) Now click on Preview and if it is likable then Publish.

HOW TO USE WORD TO BLOGGER POST?

Microsoft Word Publisher ???

HOW TO USE WORD TO BLOGGER POST?

Add Blog to Word

In Microsoft Word, go to File > Save & Send > Publish as Blog Post. Typepad is one of the supported blog providers. Click the Publish as Blog Post button.

Microsoft Word Publisher

The instructions are specific to Word 2010. Other versions of Word from 2007 and newer may have slightly different options.

Click the Manage Accounts button in the toolbar and click New. Select Typepad from the drop-down menu and click Next.

You'll be prompted to enter the User Name and Password for your Typepad account. This is the email address and password you use to sign in to Typepad. Checking the Remember Password box is recommended. Click OK to continue.

Next, select which blog from the drop-down window you want to add and click OK.

Picture Options

The default setting for Picture Options is My blog provider which is recommended. By selecting My blog provider, the images included in the document will be uploaded to Typepad when you publish the post.

Publish Post

First, go to File > Save & Send > Publish as Blog Post and click the Publish as Blog Post button.

Your composition will open in a new window with Blog Post options in the toolbar. You can save the post as a Word document while you are working on it. When you are ready to publish, click the Publish button.





Thursday, August 22, 2013

Tally.ERP 9 Screen Components,Mouse/ Keyboard Conventions

  • Title bar: Displays the Tally.ERP 9 version number. 
  • Horizontal button bar: Selection of Language key, Keyboard Language and Tally.ERP 9 Help.
  • Close button: Performs the standard Windows Operating Systems function (Windows 95 onwards), allowing you to minimise Tally.ERP 9 and work on other applications. To restore Tally.ERP 9, click the Tally.ERP 9 icon on the taskbar.Fundamentals of Tally.ERP 9 19
  • Gateway of Tally: Displays menus, screens, reports and accepts the choices and options which you select to view data as required. 
  • Buttons toolbar: Displays buttons which provide quick interaction with Tally.ERP 9. Only buttons relevant to the current task are visible.
  • Calculator Area: Used for Calculator functions. 
  • Info Panel: Displays Version number, License details, Configuration details.

Mouse/ Keyboard Conventions
Switching between Screen Areas
Quitting Tally.ERP 9 While working with Tally.ERP 9, use the following conventions. When Tally.ERP 9 first loads, the Gateway of Tally screen displays. To toggle between this screen and the Calculator/ ODBC server area at the bottom of the screen, press Ctrl+N or Ctrl+M as indicated on the screen. A green bar highlights the active area of the screen.

You can exit the program from any Tally.ERP 9 screen, but Tally.ERP 9 requires all screens to be closed before it shuts down. To quit working on Tally.ERP 9, 

  • Press Esc until you see the message Quit? Yes or No ? Press Enter or Y, or click Yes to quit Tally.ERP 9.
  • Alternatively, to exit without confirmation, press Ctrl+Q from Gateway of Tally
  • You can also press Enter while the option Quit is selected from Gateway of Tally. MOUSE/ KEYBOARD CONVENTIONS Action Particulars Click Press the left mouse button. Double-click Press and release the left mouse button twice, without moving the mouse pointer off the item. Choose Position the mouse pointer on the item and click the left mouse button. Select Position the mouse pointer on the item and double-click the left mouse button. Press Use the keys on the keyboard in the combination shown. Fn Press the function key. Fn Press ALT + function key. Fn Press CTRL + function key.

Creation/ Setting up of Company in - Tally.ERP 9

Creation of a Company The first step towards understanding Tally.ERP 9 is to create a company in Tally.ERP 9. Create a company using the Company Creation screen.

Go to Gateway of Tally > Company Info. > Create Company The Company Creation screen displays as shown. Figure 2.2 Company Creation screen Each field in the Company Creation screen is explained below. To navigate between the fields, use the enter key or the tab key or arrow keys or the mouse. Fields Description Directory Tally.ERP 9 assumes that the company is to be created in the data path given in the Tally.INI file, which is displayed by default. This field is skipped by default. However, you can change this path, if you want to, by using the backspace key, so that Tally.ERP 9 saves the data to a different directory specified by you.Fundamentals of Tally.ERP 9 21 Name This specifies the name of the company as it appears in Tally.ERP 9. If you have several companies to create with similar names, you will have to distinguish between them to provide a unique name for Tally.ERP 9. Mailing Name The company name given in the Name field automatically appears in this field. This can be changed according to your requirements. The correct name of the company for mailing purposes should be entered. Address The address of the company (The mailing name and address details are picked from here for any report such as balance sheet and statement of accounts). Statutory Compliance for Select India from the list of countries. State Select the appropriate State from the list of States. Pin Code Enter the PIN code of the specified address. Telephone No. Enter the telephone number of the company. E- Mail E-mail address will be used to e-mail documents, reports and data from Tally.ERP 9. Mobile No. Enter the mobile number of the company. Currency Symbol This refers to the currency symbol Tally.ERP 9 will use for monetary values. By default, Tally.ERP 9 displays Rs. Maintain select the nature of the company i.e, Accounts only or Accounts with Inventory. Financial Year From Specify the Financial Year (FY) for the company. Tally.ERP 9 considers 12 months from the date you give here as the Financial Year. For example, if you give 1st April 2009, your FY will be April to March - in this case, ending with 31st March 2010. Books Beginning From The date given for ‘Financial Year From’ are automatically displayed. However, we can specify the actual date on which the books of accounts start. In case our accounts are opened mid-way during the financial year specified, we can enter the required date and start the books of accounts accordingly. Tally Vault Password Tally Vault is an enhanced security feature utilized to protect company data in an encrypted form by means of a Password. The Tally Vault password entered ensures that the data is maintained permanently in an encrypted form without retaining information of the password used. Data is not accessible without the TallyVault password. Remember to keep this password private and known only to those who need to know. If the password is lost, your data cannot be recovered. Use Security Control Tally.ERP 9 has a range of security controls, which can define the authority of various users to access the information and to enter/ alter/delete the vouchers

Base Currency Information - Tally.ERP 9

Tally.ERP 9 needs to know the default currency for the company and how the amounts should be shown on the screen and in the reports. 

  • Tally.ERP 9 will automatically adjust the spacing between the charac-ters and lines entered to ensure that the details fit the space available. 
  • Accounts Only: Financial Accounts of the company only 
  • Accounts-with-Inventory: Both Financial Accounts and Inventory of the company. 
  • Tally.ERP 9 recognises a wide range of date formats, e.g. 1-4-09, 01/ 04/09, 1 Apr 2009, and will convert what you enter, to a standard format.BASE CURRENCY INFORMATION Fields Description Base currency symbol Pre-set as a default currency — Rs. (as specified earlier). Formal name Complete name for the currency symbol. By default, this is set to Indian Rupees. Number of decimal places By default, this is set to 2. Is symbol suffixed to amounts? By default, this is set to No. For example, in India, we place the Rs symbol in front of amounts. Symbol for Decimal Portion Enter the decimal portion for the cur-rency mentioned. Enter Paise. Show amounts in millions? Tally.ERP 9 caters to currencies where the different parts of large amounts are called by special names. By default, this is set to No. Put a space between amounts and symbol? By default, this is set to Yes. Decimal Places for Printing Amounts in words You can specify the number of decimal places to print the amount in words. This number should be equal to or lesser than the number specified in Number of Deci-mal places field.Fundamentals of Tally.ERP 9 23 Let us create a company in Tally.ERP 9 taking the example of National Traders who purchases computer equipments, components and softwares and sells it to other companies and to the direct customers. Create a Company as per information provided below : Go to the Gateway of Tally > Company Info. > Create Company Enter the following information to create a company: Base Currency Information is set to the default values as given in the Table. However, if the Multi-currency feature of Tally.ERP 9 is activated - then Tally.ERP 9 allows the user to alter the Base Currency Information as required. Field Data to be entered Directory Accept what is displayed on the screen Name National Traders Mailing Name National Traders 

Working with Multiple Companies - TALLY ERP 9

Exercise to Create another Company For a group of companies, you can maintain the details of each company separately. You can select the company to work with and close the company when it is not required. However, you can also open many companies at the same time and switch between companies without closing the application.
Before looking at how to view and amend company details, let us create another company to experiment with. Name your company as Indus Enterprises, Financial Year as 1 April 2009 & Book beginning from 1 April 2009 and you may enter the company details as you like, To create Indus Enterprises follow this procedure: 1. From the buttons bar select Alt + F3: Create Cmp or simply press Alt + F3 to bring up the Company Info. Menu. 2. Select Create Company from the menu to bring up the Company Creation screen. 3. Enter Indus Enterprises in the Name field and experiment with entering other data of your choice (for example, the address details). 4. When you have finished, Press Y or Enter to accept the screenFundamentals of Tally.ERP 9 26 The Gateway of Tally screen will now appear as shown below: Figure 2.5 Gateway of Tally with the New Company — Indus Enterprises Notice that Indus Enterprises is highlighted. This indicates that it is the currently selected company from the list of open companies. You can now practice selecting, closing and altering company information.


Practice Exercise
1. Select a Company 2. Shut a Company 3. Alter a CompanyWhile working with Tally.ERP 9, you can press Esc to exit from any screen before the changes you have made take effect.Fundamentals of Tally.ERP 9 27 To Select a Company 1. Go to the Gateway of Tally > Alt + F3 > Company Info. > Select Company OR Press F1. Tally.ERP 9 displays the List of Companies screen. All the companies created are displayed in an alphabetical order. Select the company name from the list given. 2. In case two or more companies are loaded (like National Traders and Indus Enterprises), click on the company which you need to work on so that the selected company will be highlighted and will appear on top of the list.


To Shut a Company Tally.ERP 9

To Alter the Company Details Go to the 
Gateway of Tally > Alt + F3 > Company Info. > Shut Company

Select the Company which you need to shut from the 
List of Companies
$
You can also use Alt + F1 to shut a Company from the Gateway of Tally screen.

Go to the Gateway of Tally > Alt + F3 > Company Info. > Alter.
$ Select the company which you need to alter from the 
List of Companies 
and press Enter
 to view the Company Alteration screen. 

Alter the company details as required and accept the screen. You can also access these functions, by selecting the appropriate button from the button bar.Fundamentals of Tally.ERP 9 28 Points to Remember ô€‚‡ Tally.ERP 9 pioneered the ‘no accounting codes’ concept. ô€‚‡ Tally.ERP 9 mimics the human thought process. ô€‚‡ Tally.ERP 9 is multi-platform compatible and supports multi-user acces-sibility. ô€‚‡ Tally.ERP 9 has multilingual capability and new features such as Payroll and Point of Sale. ô€‚‡ Tally.ERP 9 is ODBC compliant.


Thursday, August 1, 2013

EU VAT rates 2013


24 July 2013 update. The 2013 European Union standard and reduced Value Added Tax (VAT) rates are provided below for the 28 member states.  These are based on current rates provided by the tax authorities of member states. You can review worldwide VAT and GST rates here.
European VAT rate levels are controlled by member states’ finance ministries. Whilst the EU does set the broad VAT rules through VAT Directives, each territory is free to set its own VAT rate.  The one restriction is that the upper, standard VAT rate must be 15% or above.  Read our briefings on EU VAT Registration and EU VAT Returns.
2013 European Union VAT Rates

Austria VAT Rate

Standard VAT rate: 20% (Jan 1984)
Reduced VAT rates: 10% foodstuffs, books, pharmaceuticals, passenger transport, newspapers, admission to cultural and amusement events, hotels


Belgium VAT Rate

Standard VAT rate: 21% (Jan 1996)
Reduced VAT rates: 12% restaurants
Reduced VAT rates:  6% foodstuffs, books, water, pharmaceuticals, medical, books, newspapers, cultural and entertainment events, hotels


Bulgaria VAT Rate

Standard VAT rate: 20% (Jan 1999)
Reduced VAT rates: 9% hotels


Croatia VAT Rate

Standard VAT rate: 25% (Mar 2012)
Reduced VAT rates: 10% hotels and newspapers


Cyprus VAT Rate

Standard VAT rate: 18% (14 Jan 2013)
Reduced VAT rates: 8% hotels, restaurants
Reduced VAT rates: 5% foodstuffs, books, pharmaceuticals, medical, passenger transport, newspapers, admission to cultural entertainment and sporting events
Cyprus raises VAT in two stages to 19% in 2014


Czech Republic VAT Rate

Standard VAT rate: 21% (Jan 2013)
Reduced VAT rates: 15% foodstuffs, books, medical, pharmaceutical, passenger transport, newspapers, admission to cultural sporting and entertainment events, hotels
Czech VAT 1% VAT rise in 2013


Denmark VAT Rate

Standard VAT rate: 25% (Jan 1992)
Reduced VAT rates: none


Estonia VAT Rate

Standard VAT rate: 20% (Jul 2009)
Reduced VAT rates: 9% books, pharmaceuticals, medical, hotels


Finland VAT Rate

Standard VAT rate: 24% (Jan 2013)
Reduced VAT rates: 14% foodstuffs, restaurants
Reduced VAT rates:  10% books, pharmaceuticals, passenger transport, newspapers, admission to cultural sporting and entertainment events, hotels
Finland VAT rate rises 1% Jan 2013


France VAT Rate

Standard VAT rate: 19.6% (Apr 2000)
Reduced VAT rates: 7% books, pharmaceuticals, passenger transport, admission to cultural sporting and entertainment events, hotels, accommodation, restaurants
Reduced VAT rates: 5.5% medical, foodstuffs
Reduced VAT rates: 2.1% newspapers, pharmaceuticals
French VAT rate increase to 20% from January 2014


Germany VAT Rate

Standard VAT rate: 19% (Jan 2007)
Reduced VAT rates: 7% foodstuffs, books, medical, passenger transport, newspapers, admission to cultural and entertainment events, hotels
German reduced 7% VAT rate rise reports in 2013


Greece VAT Rate

Standard VAT rate: 23% (Jul 2010)
Reduced VAT rates: 13% foodstuffs, pharmaceuticals, medical, admission to cultural sporting and entertainment events
Reduced VAT rates: 6.5% (Jan 2011) books, newspapers, hotels
Greece to reduce VAT on restaurants from 23% to 13% 1 August 2013


Hungary VAT Rate

Standard VAT rate: 27% (Jan 2012)
Reduced VAT rates: 18% foodstuffs, hotels
Reduced VAT rates: 5% books, pharmaceuticals, medical
Hungary raises VAT 2% to 27% in 2012


Ireland VAT Rate

Standard VAT rate: 23% (Jan 2012)
Reduced VAT rates: 13.5% medical
Reduced VAT rates: 9% newspapers, admission to cultural sporting and entertainment events, hotels, restaurants
Reduced VAT rates: 4.8% foodstuffs
Reduced VAT rates: nil% books, medical products, children’s clothing
Ireland VAT 2% rise to 23% January 2012


Italy VAT Rate

Standard VAT rate: 21% (Sept 2011)
Reduced VAT rates: 10% pharmaceuticals, passenger transport, admission to cultural and entertainment events, hotels, restaurants
Reduced VAT rates: 4% foodstuffs, medical, books
Italy delays 1% VAT rise to 22% until 1 October 2013


Latvia VAT Rate

Standard VAT rate: 21% (Jul 2012)
Reduced VAT rates: 12% (Jan 2011) books, pharmaceuticals, medical, newspapers, hotels
Latvia cuts VAT rate 1% to 21% July 2012


Lithuania VAT Rate

Standard VAT rate: 21% (Sep 2009)
Reduced VAT rates: 9% books
Reduced VAT rates: 5% pharmaceuticals, medical


Luxembourg VAT Rate

Standard VAT rate: 15% (Jan 1992)
Reduced VAT rates:  6% bikes, domestic services
Reduced VAT rates: 3% foodstuffs, books, pharmaceuticals, medical, passenger transport, newspapers, admission to cultural, sporting and entertainment events, hotels, restaurants
Luxembourg VAT rate to increase 1 January 2015


Malta VAT Rate

Standard VAT rate: 18% (Jan 2004)
Reduced VAT rates: 7% hotels
Reduced VAT rates: 5% books, medical, newspapers, admission to cultural events
Reduced VAT rates:0% foodstuffs, pharmaceuticals


Netherlands VAT Rate

Standard VAT rate: 21% (Oct 2012)
Reduced VAT rates: 6% foodstuffs, books, pharmaceuticals, medical, passenger transport, admission to cultural and amusement events, hotels, accommodation
Dutch 2% VAT increase to 21% October 2012


Poland VAT Rate

Standard VAT rate: 23% (Jan 2011)
Reduced VAT rates: 8% pharmaceuticals, medical, passenger transport, newspapers, hotels, restaurants, admission to cultural sporting and entertainment events
Reduced VAT rates: 5% foodstuffs


Portugal VAT Rate

Standard VAT rate: 23% (Jan 2011)
Reduced VAT rates: 13% foodstuffs, agricultural supplies
Reduced VAT rates: 6% foodstuffs, books, pharmaceutical, medical, newspapers, hotels, passenger transport


Romania VAT Rate

Standard VAT rate: 24% (Jul 2010)
Reduced VAT rates: 9% books, pharmaceuticals, medical, newspapers, admission to cultural and entertainment events, hotels
Reduced VAT rates: 5% social hosing


Slovakia VAT Rate

Standard VAT rate: 20% (Jan 2011)
Reduced VAT rates: 10% books, foodstuffs, medical, pharmaceuticals, entrance to cultural and entertainment events


Slovenia VAT Rate

Standard VAT rate: 22% (Jul 2013)
Reduced VAT rates: 8.5% foodstuffs, books, pharmaceuticals, medical, newspapers, admission to sporting cultural and entertainment events, hotels
Slovenia VAT rate to rise 2% to 22% 1 July 2013


Spain VAT Rate

Standard VAT rate: 21%
Reduced VAT rates: 10% medical, pharmaceuticals, transport of passengers, admission to cultural sporting and entertainment events
Reduced VAT rates: 4% foodstuffs, newspapers
Spain increases VAT 3% September 2012


Sweden VAT Rate

Standard VAT rate: 25% (Jul 1990)
Reduced VAT rates: 12% foodstuffs
Reduced VAT rates: 6% books


United Kingdom (UK) VAT Rate

Standard VAT rate: 20% (Jan 2011)
Reduced VAT rates: 5% property renovations
Reduced VAT rates: 0% foodstuffs, books, pharmaceuticals, medical, passenger transport, newspapers, children’s clothing



European Union VAT rates 2013

 The 2013 European Union standard and reduced Value Added Tax (VAT) rates are provided below for the 28 member states.  These are based on current rates provided by the tax authorities of member states. You can review worldwide VAT and GST rates here.
European VAT rate levels are controlled by member states’ finance ministries. Whilst the EU does set the broad VAT rules through VAT Directives, each territory is free to set its own VAT rate.  The one restriction is that the upper, standard VAT rate must be 15% or above.  Read our briefings on EU VAT Registration and EU VAT Returns.
2013 European Union VAT Rates

Austria VAT Rate

Standard VAT rate: 20% (Jan 1984)
Reduced VAT rates: 10% foodstuffs, books, pharmaceuticals, passenger transport, newspapers, admission to cultural and amusement events, hotels


Belgium VAT Rate

Standard VAT rate: 21% (Jan 1996)
Reduced VAT rates: 12% restaurants
Reduced VAT rates:  6% foodstuffs, books, water, pharmaceuticals, medical, books, newspapers, cultural and entertainment events, hotels


Bulgaria VAT Rate

Standard VAT rate: 20% (Jan 1999)
Reduced VAT rates: 9% hotels


Croatia VAT Rate

Standard VAT rate: 25% (Mar 2012)
Reduced VAT rates: 10% hotels and newspapers


Cyprus VAT Rate

Standard VAT rate: 18% (14 Jan 2013)
Reduced VAT rates: 8% hotels, restaurants
Reduced VAT rates: 5% foodstuffs, books, pharmaceuticals, medical, passenger transport, newspapers, admission to cultural entertainment and sporting events
Cyprus raises VAT in two stages to 19% in 2014


Czech Republic VAT Rate

Standard VAT rate: 21% (Jan 2013)
Reduced VAT rates: 15% foodstuffs, books, medical, pharmaceutical, passenger transport, newspapers, admission to cultural sporting and entertainment events, hotels
Czech VAT 1% VAT rise in 2013


Denmark VAT Rate

Standard VAT rate: 25% (Jan 1992)
Reduced VAT rates: none


Estonia VAT Rate

Standard VAT rate: 20% (Jul 2009)
Reduced VAT rates: 9% books, pharmaceuticals, medical, hotels


Finland VAT Rate

Standard VAT rate: 24% (Jan 2013)
Reduced VAT rates: 14% foodstuffs, restaurants
Reduced VAT rates:  10% books, pharmaceuticals, passenger transport, newspapers, admission to cultural sporting and entertainment events, hotels
Finland VAT rate rises 1% Jan 2013


France VAT Rate

Standard VAT rate: 19.6% (Apr 2000)
Reduced VAT rates: 7% books, pharmaceuticals, passenger transport, admission to cultural sporting and entertainment events, hotels, accommodation, restaurants
Reduced VAT rates: 5.5% medical, foodstuffs
Reduced VAT rates: 2.1% newspapers, pharmaceuticals
French VAT rate increase to 20% from January 2014


Germany VAT Rate

Standard VAT rate: 19% (Jan 2007)
Reduced VAT rates: 7% foodstuffs, books, medical, passenger transport, newspapers, admission to cultural and entertainment events, hotels
German reduced 7% VAT rate rise reports in 2013


Greece VAT Rate

Standard VAT rate: 23% (Jul 2010)
Reduced VAT rates: 13% foodstuffs, pharmaceuticals, medical, admission to cultural sporting and entertainment events
Reduced VAT rates: 6.5% (Jan 2011) books, newspapers, hotels
Greece to reduce VAT on restaurants from 23% to 13% 1 August 2013


Hungary VAT Rate

Standard VAT rate: 27% (Jan 2012)
Reduced VAT rates: 18% foodstuffs, hotels
Reduced VAT rates: 5% books, pharmaceuticals, medical
Hungary raises VAT 2% to 27% in 2012


Ireland VAT Rate

Standard VAT rate: 23% (Jan 2012)
Reduced VAT rates: 13.5% medical
Reduced VAT rates: 9% newspapers, admission to cultural sporting and entertainment events, hotels, restaurants
Reduced VAT rates: 4.8% foodstuffs
Reduced VAT rates: nil% books, medical products, children’s clothing
Ireland VAT 2% rise to 23% January 2012


Italy VAT Rate

Standard VAT rate: 21% (Sept 2011)
Reduced VAT rates: 10% pharmaceuticals, passenger transport, admission to cultural and entertainment events, hotels, restaurants
Reduced VAT rates: 4% foodstuffs, medical, books
Italy delays 1% VAT rise to 22% until 1 October 2013


Latvia VAT Rate

Standard VAT rate: 21% (Jul 2012)
Reduced VAT rates: 12% (Jan 2011) books, pharmaceuticals, medical, newspapers, hotels
Latvia cuts VAT rate 1% to 21% July 2012


Lithuania VAT Rate

Standard VAT rate: 21% (Sep 2009)
Reduced VAT rates: 9% books
Reduced VAT rates: 5% pharmaceuticals, medical


Luxembourg VAT Rate

Standard VAT rate: 15% (Jan 1992)
Reduced VAT rates:  6% bikes, domestic services
Reduced VAT rates: 3% foodstuffs, books, pharmaceuticals, medical, passenger transport, newspapers, admission to cultural, sporting and entertainment events, hotels, restaurants
Luxembourg VAT rate to increase 1 January 2015


Malta VAT Rate

Standard VAT rate: 18% (Jan 2004)
Reduced VAT rates: 7% hotels
Reduced VAT rates: 5% books, medical, newspapers, admission to cultural events
Reduced VAT rates:0% foodstuffs, pharmaceuticals


Netherlands VAT Rate

Standard VAT rate: 21% (Oct 2012)
Reduced VAT rates: 6% foodstuffs, books, pharmaceuticals, medical, passenger transport, admission to cultural and amusement events, hotels, accommodation
Dutch 2% VAT increase to 21% October 2012


Poland VAT Rate

Standard VAT rate: 23% (Jan 2011)
Reduced VAT rates: 8% pharmaceuticals, medical, passenger transport, newspapers, hotels, restaurants, admission to cultural sporting and entertainment events
Reduced VAT rates: 5% foodstuffs


Portugal VAT Rate

Standard VAT rate: 23% (Jan 2011)
Reduced VAT rates: 13% foodstuffs, agricultural supplies
Reduced VAT rates: 6% foodstuffs, books, pharmaceutical, medical, newspapers, hotels, passenger transport


Romania VAT Rate

Standard VAT rate: 24% (Jul 2010)
Reduced VAT rates: 9% books, pharmaceuticals, medical, newspapers, admission to cultural and entertainment events, hotels
Reduced VAT rates: 5% social hosing


Slovakia VAT Rate

Standard VAT rate: 20% (Jan 2011)
Reduced VAT rates: 10% books, foodstuffs, medical, pharmaceuticals, entrance to cultural and entertainment events


Slovenia VAT Rate

Standard VAT rate: 22% (Jul 2013)
Reduced VAT rates: 8.5% foodstuffs, books, pharmaceuticals, medical, newspapers, admission to sporting cultural and entertainment events, hotels
Slovenia VAT rate to rise 2% to 22% 1 July 2013


Spain VAT Rate

Standard VAT rate: 21%
Reduced VAT rates: 10% medical, pharmaceuticals, transport of passengers, admission to cultural sporting and entertainment events
Reduced VAT rates: 4% foodstuffs, newspapers
Spain increases VAT 3% September 2012


Sweden VAT Rate

Standard VAT rate: 25% (Jul 1990)
Reduced VAT rates: 12% foodstuffs
Reduced VAT rates: 6% books


United Kingdom (UK) VAT Rate

Standard VAT rate: 20% (Jan 2011)
Reduced VAT rates: 5% property renovations
Reduced VAT rates: 0% foodstuffs, books, pharmaceuticals, medical, passenger transport, newspapers, children’s clothing


TALLY 09 QUESTIONS WITH ANSWER BY Nirushiga