Following the Chancellors announcement for a reduction to the standard rate of VAT from 17.5% to 15% as of today, there's no doubt of the impact the change will have on UK businesses. To assist with the transition ASG Data Solutions Ltd, a Cheshire-based software company, has developed VAT Converter which recalculates VAT figures in any software package. VAT Converter is easy to use software that will enable you to convert and recalculate NET, VAT and GROSS amounts in any Windows application quickly and effortlessly. Highlight the value and press a Hotkey to recalculate and update your software. Whether you're using a Word processor, Spreadsheets or your Business Software, VAT Converter will recalculate the values by highlighting and pressing a key. It can also update you application if you wish.