ACCOUNTS: CIS Support for Invoicing - For UK Clients

Summary:

Introduce support for the Construction Industry Scheme (CIS) within the invoicing feature of Formitize, addressing the specific requirements of UK building industry clients. This enhancement aims to ensure compliance with CIS regulations directly through the Formitize platform, leveraging integration with systems like Xero for seamless financial management.

Intended Outcomes:

• Enable UK-based construction industry clients to easily manage CIS deductions and reporting within their Formitize invoices.

• Increase the attractiveness of Formitize to potential clients in the UK construction sector by offering essential local compliance features.