Hi is there a new update for new reverse charges for VAT for building contractors please?
Hello Phil,
Here is our help topic on how to apply the domestic reverse charge to your
sales or purchase transactions:
https://www.solaraccounts.co.uk/help/how-to-apply-domestic-reverse-charge-vat
Note that we will soon release an update which will automatically configure
the invoice template, so Step 3 will become unnecessary.
Hi Phil,
Just to let you know that the latest version of Solar Accounts makes it
much easier to apply the reverse charge: In the invoice window click More
Options > VAT Treatment > Domestic Reverse Charge Applies. Solar Accounts
will then show the VAT amount to be paid by the customer to HMRC in the
[Free Text] field.