How To Change Your VAT Rates On Oracle Financials

How To Change Your VAT Rates On Oracle Financials

BIG ENOUGH TO DELIVER, SMALL ENOUGH TO CARE…

Amid the current climate, government legislation is constantly changing and your Oracle EBS and ERP Cloud should be aligned and prepared for what the future holds. A well protected organisation has the potential to be the most confident and disruptive innovator – which is why we must start reframing the future today!

Today, Chancellor Rishi Sunak cuts VAT on tourism and hospitality from 20% to 5% until January 2021. These are the key considerations when updating your Oracle ERP system to align to the latest government legislative requirements: 


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