![]() We recommend that all affected CIS readers contact us so we can help you make the necessary changes to your invoicing and accounting software and reconsider the use of VAT special schemes if your continued use would adversely affect your cash flow. However, the change to DRC may create cash flow issues especially if you use the VAT Cash Accounting Scheme or the Flat Rate Scheme. It has been introduced as an increasing number of sub-contractors have been registering for VAT, collecting the VAT from their customers, and then disappearing without paying the VAT collected to HMRC. The change is described as the Domestic Reverse Charge (DRC) for the construction industry. Accordingly, the two amounts off-set each other. You'll know if the audio and video are out of sync in a file by watching the preview in the main HandBrake window. When contractors pay their sub-contractors’ VAT to HMRC they can claim back an equivalent amount as VAT input tax subject to the usual VAT rules. If the audio and video are out of sync in a file that you're working on in HandBrake, you can fix the problem by adjusting a few settings. This does not mean that contractors, in most cases, are paying their sub-contractors’ VAT as an additional cost. From 1 October this approach is changing.įrom this date sub-contractors will not add VAT to their supplies to most building customers, instead, contractors will be obliged to pay the deemed output VAT on behalf of their registered sub-contractor suppliers. ![]() AUDI A3 8P MK2 04-12 CENTRE CONSOLE UNDER HANDBRAKE COVER TRIM PANEL 8P0863276. I personally find it useful to have the video always be. When the AC3 stream is created, part of the encoding process is to analyze it for loud and soft scenes and add a level indicator that is used later during playback to apply DRC. Based in Crewe, Cheshire, DRC Spares provide a green and environmentally. The first thing you want to do when you start up handbrake is configure the default folder settings. In a nut-shell, if you are subject to the Construction Industry Scheme and if you are registered for VAT, from the 1 October 2019 you may need to change the way you account for VAT on supplies between sub-contractors and their contractor customers.Īt present, sub-contractors registered for VAT are required to charge VAT on their supplies of building services to contractors. HandBrake uses the DRC signalling that is built into the AC3 stream. We have alerted building contractors and sub-contractors in previous newsletters of changes to the VAT rules from 1 October 2019.
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