Get ready for the VAT domestic reverse charge for Construction – coming soon
You may have heard of VAT domestic reverse charge (DRC) for the construction industry, which is new legislation currently due to come into effect in the UK on 1 March 2021, having previously been delayed from 2019 and then October 2020 by HMRC. We’re pleased to say DRC has been live in Xero for some… [Read the full article »]