CIS Reverse Charge & CIS Return

Question

We are a contractor who has been invoiced by a subcontractor. We have processed the invoice in Sage under the Domestic Reverse Charge Rules. Do we still need to complete a CIS Return in the normal way to show the CIS deduction?

lee morris · Accepted Answer

Hi Adele. 
 If you are using reverse charge, it has no bearing on the actual CIS return as it's the VAT element that it handles and thus is included in the VAT return. I have included a link here which explains how the tax codes affect the VAT Return boxes. 
 I hope this helps 
 Lee (Sage Q&A Live Solution Specialist)

Sage 50 Accounts

CIS Reverse Charge & CIS Return

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