Published on Tue, 21/04/2015 - 12:23
Due to VAT increasing from 17.5% to 20% on 4 January 2011, pFACT is being updated to reflect this. The new VAT rate will be changed in pFACT on Monday 27 September 2010 between 8:00am and 10:00am during which time the system will be vulnerable.
Users are requested to press the recalculate button once these changes have been made to bring these rates into their proposals. Any proposals that are currently with the Research Office will be recalculated and the necessary amendments made to proposals.
If you have any queries regarding these changes, please contact your School team at the Research Office http://www.admin.cam.ac.uk/offices/research/contact/List.aspx or the pFACT helpdesk at pFACT.helpdesk@admin.cam.ac.uk or tel: 65432.