Just in case you thought things couldn’t get more complicated, along comes another bundle of legislation – VAT2010.
If you buy from or sell to EC companies then be aware your software may not be up to the new legislation. Fortunately Microsoft, the power behind our main accounting product Dynamics NAV, have released the changes necessary to ensure compliance with new rules. Another reason to stick with the main software players it seems.
See more at http://blogs.msdn.com/uknav/archive/2010/01/11/vat2010-report-part-for-nav-2009-sp1.aspx