vat-rates
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Brexit.
Hello everyone,
As you might have heard, UK has left the EU this January first.
The last line from the csv (for UK) is :
2011-01-04 | Â | GB UK IM | GBP | 0.2 | standard | United Kingdom (member state) standard VAT rate. Isle of Man (British self-governing dependency) is member of the EU VAT area and subjected to UK's standard VAT rate. |
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Should a line be added with the 0 vat rate ?
Thanks in advance,
Not my repo, but my understanding is that it is not a EU specific database. Users must decide which rates apply to them, but the rates are the rates. For example, Switzerland is in there, but I don't have to charge it because I'm in the UK.
The UK standard VAT rate is still 20%. It's just the wording in the comment that needs changing. Maybe leaving a historical entry with EU wording, and a new one with UK wording.
You're right thanks, I was a bit confused there. Let's see what the owner wants to do with your suggestion of changing the comment.