Managing the domestic VAT reverse charge in FreeAgent
Domestic VAT reverse charge legislation will change how VAT will be charged within the construction industry from 1st March 2021. From this date, any VAT-registered subcontractor clients who work in the construction industry will need to apply the reverse charge to their CIS invoices for VAT-registered contractor clients.
To make sure that your CIS clients know how to manage this process in FreeAgent, we’ve created a step-by-step Knowledge Base article for you to share with them.
For more detailed information on the legislation change and the new rules, visit gov.uk.