As a result of new anti-fraud rules being introduced by HM Revenue and Customs (HMRC), the way in which VAT is charged on construction services changes from next Monday, 1 March 2021.
The good news is Sage 50cloud Accounts includes new features to deal with these new changes. Find out more how Domestic Reverse Charge will work in your software including new tax codes available in the latest versions.
For more information about Domestic Reverse Charge take a look at our CIS Reverse Charge - Common questions guide.