Announcement: New Tax tab for CIS and VAT
News posted by Tommy Chung 1 month ago
We have introduced a new Tax tab which can be found on the top navigation menu. This new tab will consist of all VAT and CIS related features. The changes were due to the newly introduced Making Tax Digital for VAT legislation and to be able to easily distinguish within Clear Books.
In addition, for CIS, we have also streamlined the verification process where there is now only one verification option available. This will attempt to match the subcontractor's details against HMRC's database. In cases where no matches are found, a verification code will be required as per usual.