Construction Industry Scheme (CIS) Domestic Reverse Charge 1st March 2021 New Changes

We have added some new DRC (Domestic Reverse Charge) VAT rates to accommodate the new Reverse VAT Charge as from 1^st March 2021.

How to get started on ETZ

You will need to have CIS enabled on your configuration & DRC Tax codes need to be applied.

Go to Supplier Entry select the relevant Ltd company and then select the DRC rate that applies - see below

We have also added a new Template to Supplier Entry CIS Standard V2021_DRC 1.0

In Supplier Entry

You need to select the CIS Standard V2021_DRC 1.0 Template

This will then populate the relevant Vat onto your remittance see example