Historic VAT Table – Semine

The VAT Code History table displays the historical changes made to a VAT code in SEMINE, including when the VAT rate became effective, the VAT rate, the cost rate, and who modified the record. This helps users track VAT configuration changes over time for reference.

To view the VAT code history, navigate to Settings > Accounting parameters > VAT code, edit the relevant VAT code, and select the Settings tab.

VAT code history fields

Column	Description
Valid From Date	The date from which the VAT rate becomes effective.
VAT rate	The percentage of VAT applied from the specified valid date.
Cost rate	The cost rate associated with the VAT code.
Modified by	The username that made the change to the VAT code.

How it works

Each row in the table represents a historical record of a VAT rate and cost rate.

When a VAT rate or cost rate is updated, SEMINE creates a new record with a new Valid From Date instead of replacing the previous entry.
The Modified by field identifies the user who made the update.

How the historic VAT table affects invoices

When a VAT code is applied to an invoice, SEMINE determines the applicable VAT rate based on the invoice date. The system compares the invoice date with the Valid From Date values in the historic VAT table and applies the VAT rate that was effective on that date.

Invoice date

For example:

Valid From Date: 01 Jan 2026 – VAT Rate: 25%
Invoice Date: 02 Jan 2026

In this case, the invoice will use the 25% VAT rate, since the configuration starting from 01 Jan 2025 is valid for that invoice date.

Note: The Historic VAT Table is read-only and cannot be edited.