Announcement: Domestic Reverse Charge for Construction and Building services
News posted by Tommy Chung 5 years ago
Hi all,
We're extremely happy to announce that we have now released the Domestic Reverse Charge VAT for Construction and Building services. This can be turned on under Settings > Configure System > Toggle Features > VAT & Bank import tool > Tick on Domestic Reverse Charge.
Once enabled, you will then be able to select this under the VAT treatment dropdown on the invoice/ bill creation form. The system will then ensure that the transactions are included in the correct VAT boxes.
For further details, please see:
How to enable VAT Domestic Reverse Charge for building and construction services
How to account for Domestic Reverse charge
Tommy
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