From the 15 July 2020 to 12 January 2021 VAT will be reduced to 5% for supplies of food, non-alcoholic drinks, accommodation and admission to attractions.

Thoughts

 

What should I do in my Xero account?

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iZettle update VAT rate instructions

How to update your VAT in your product library: 
Updating VAT on multiple products at once: 

  1. Log in to my.izettle.com
  2. Go to Products > Product library 
  3. Export your entire product library as an excel file by using the export button 
  4. Change the relevant VAT fields in the excel file for as many products you need to
  5. Upload your your excel file to the product library
  6. Save your changes 
Updating VAT on a per product basis: 
  1. Log in to my.izettle.com
  2. Go to Products > Product library 
  3. Find the product you want to update in the Product Library 
  4. Click edit 
  5. Select the new VAT amount from the VAT drop down
  6. Press save

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