DRC vat

Laurence19 · ‎October 27, 2021

Hi I know this has been asked before but can you help.

i am a Contractor and deducted CIS from sub Contractors

when I enter invoice in Expenses I enter exclusive of VAT

I show labour as CIS 20%

in vat column I enter 20%DRC

invoice then shows VAT amount and then - VAT amount

then Cis amount.

However the vat I have to pay on their behalf doesn’t appear to add to my vat return

Am I using wrong code ?

Ashleigh1 · ‎October 27, 2021

Hello Laurance19,

Welcome to the Community page,

So yu the code need to us is the RC CIS code is the correct one to use, however it wont affect the net VAT due amount, as the VAT amount for the transaction will post to box 1 and box 4 so it nets out to 0 VAT due for the transaction. If the issue is that it isn't showing in boxes 1 and 4 then it would be the code being used that is wrong.

View solution in original post

Ashleigh1 · ‎October 27, 2021

Hello Laurance19,

Welcome to the Community page,

So yu the code need to us is the RC CIS code is the correct one to use, however it wont affect the net VAT due amount, as the VAT amount for the transaction will post to box 1 and box 4 so it nets out to 0 VAT due for the transaction. If the issue is that it isn't showing in boxes 1 and 4 then it would be the code being used that is wrong.

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