Forum Message

VAT Domestic Reverse Charge Update

Hi is there a new update for new reverse charges for VAT for building contractors please?



Posted by Phil Bennetto on Feb 26, 2021 4:13 PM GMT

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.


Posted by Solar Accounts Customer Support on Mar 1, 2021 2:08 PM GMT

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.


Posted by Solar Accounts Customer Support on Mar 16, 2021 11:36 AM GMT