4 March 2021
Standard VAT rate schemes VAT on sales: where Domestic Reverse Charge (DRC) is applied, the suppliers must not enter any output tax, but only the net value of the sale. VAT on purchases: services bought which are subjected to DRC, the VAT amount must be entered as an output tax.…
What is it? Domestic Reverse Charge is a method of handling VAT between the Supplier and the Customer. Here, the Supplier of the goods or services will no longer charge the VAT to its Customer and the Customer becomes responsible for accounting the VAT to HMRC. Who does it apply…
14 December 2020
Updates: Pension Provider Sign-Up: Multi-Company Interface Agency Record CIS Verification Various User Interface Updates HMRC Notifications: Muti-Company Interface FPS Submission: Leaving Date Column Manual Receipt Allocation – Filter Signable Integration – Enhancements
Updates: Pension Provider Sign-Up: Multi-Company Interface Agency Record CIS Verification Various User Interface Updates HMRC Notifications: Muti-Company Interface FPS Submission: Leaving Date Column Manual Receipt Allocation – Filter Signable Integration – Enhancements
22 October 2020
Key Updates: 1. Multi-Company Interface: Margin Method 2. API Integrations 3. Agency Contacts 4. Task Manager: HMRC Tasks
