Hi, Does Solar Accounts have the facility to account for the New Vat Reverse charge starting on the 1st March 2021.
Best regards
Carol
Hi Carol,
Yes - please see this page for details of how to record domestic reverse
charge VAT from 1 March 2021:
https://www.solaraccounts.co.uk/help/how-to-apply-domestic-reverse-charge-vat
As always thank you
Hi Carol,
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.