• How will CIS Reverse Charge work in Sage 50cloud Accounts?

    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…
  • Use batch changes to assign new CIS tax codes to relevant customers and suppliers

    Domestic Reverse Charge The way in which VAT is charged on construction services changes from 1 March 2021 - Read more > To assist with this new legislation, Sage 50cloud Accounts v26 and above has new tax codes: T21 to be used where CIS Reverse…
  • CIS Reverse Charge VAT - Join a Free Live Webinar or watch a recording on demand

    Bookings are now open for free, live webinars about CIS Domestic Reverse Charge VAT for Sage 50cloud Accounts. Theses are legislative changes that will apply from 1 March 2021. Alternatively you can watch a recording of the Webinar when it's convenient…
  • CIS Reverse Charge - Frequently Asked Questions

    The way in which VAT is charged on construction services will change from March 2021, as a result of new anti-fraud rules being introduced by HMRC. With just over a month left to go till these changes come into play, it is crucial that if you are in the…
  • HMRC delay the introduction of domestic CIS Reverse charge for construction services

    The introduction of the domestic reverse charge for construction services will be delayed for a period of 5 months from 1 October 2020 until 1 March 2021 due to the impact of the coronavirus pandemic on the construction sector. Read more >
  • CIS VAT Reverse Charge

    In March 2021, HMRC is introducing the Reverse Charge for VAT, which will be a major change to the way VAT is collected in the building and construction industry. You can find out more about what's changing in our CIS common questions guide , in the HMRC…
  • Domestic reverse charge VAT for construction services - Changes delayed until October 2020

    The way in which VAT is charged on construction services was due to change on October 1 2019, but after consulting with businesses in the construction sector, HMRC announced a 12 month delay to allow businesses to prepare. Read more >