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Our company is VAT registered in Cyprus. In accordance with local VAT legislation, we are required to apply the reverse charge mechanism to the following categories of transactions:

- Goods purchased from EU suppliers (intra-Community acquisitions)
- Services received from both EU and non-EU suppliers
- Local goods and services subject to reverse charge under Cyprus VAT law

Under the reverse charge mechanism, VAT is self-assessed by the recipient on the value of the goods or services purchased (output VAT), which is simultaneously recoverable as input VAT when the taxpayer is involved in taxable transactions, subject to the normal deduction rules. These entries must be correctly reflected in our accounting records in accordance with the provisions of Cyprus VAT law.

Could you please advise on the following:

1. Whether there is a way to enable or access VAT reverse charge tax rates for a Cyprus-registered organisation in Xero
2. Whether a dedicated Cyprus VAT return module currently exists, or is planned for the future

If no dedicated Cyprus module is currently available, could you also advise whether Xero has a recommended or supported method for handling reverse charge VAT reporting?

Given the technical nature of this request, we would be grateful if it could be forwarded to a member of your team with expertise in EU VAT compliance, so that we may discuss this matter in more detail.

It is a very much needed functionality! When can we expect that?

It is critical, and seems like and easy fix to add these to other regions if already used in the UK

Yes, we run 2 EU companies on Xero Global edition and it is doubling our workload to create a second line with a negative amount on most transactions. I understand Reverse Charge VAT is available on the UK edition - can it please be rolled out to the Global edition too? We also do not require filing capabilities, just the reporting.

This is absolutly critical. How am I going to do B2B in Europe without it?!

Just set up nine new Xero accounts for a multi-national client that has entities globally.

All they wanted was the option to report the reverse charge transactions with the correct net and VAT entries, it didn't even need filing capabilities, just the reporting to give to the local accountants.

Turns out that the global edition can't be set up with a reverse charge rates which is absolutely absurd for a global software that will obviously have thousands of potential EU users.

Absolutely ridiculous this isn't available.

This is a critical feature. How is this not yet available?

In the Ireland module currently, Xero doesn't have feature of Reverse Charge Mechanism which leading us to do manual adjustment while preparing VAT returns. UK Xero supports the Reverse Charge Mechanism but not the Global Subscription. It will be really helpful for rest of the world if Xero can provide this feature in Global subscription also.

In the UAE module currently, Xero doesn't have feature of Reverse Charge Mechanism. can it be simply copied from UK or other module and be allowed here as well? It is urgent too in a way because impacting meeting regulations.

I've been using Xero for many client and it's so far best accounting web app, I had to do VAT for a client based in EU (Not UK), I've been trying to find the 'reverse charge' option but unable to do so. I really appreciate if we are provided with this option for non-UK clients.

We have been looking to use XERO for several companies in the EU, but we are running into this issue with VAT reporting and also with Einvoices which is becoming mandatory in the EU. If XERO does not bring the system into line with legislation we will have to use other accounting system. When will you bring XERO in line with EU regulations?

The VAT reverse charge mechanism is very important and it is critical to enable this feature for all countries, this is an international standard. Otherwise Xero is not an option anymore. Why do we need a program that lacks many features?

This has been outstanding for 10 years, the EU is clearly not of high importance to Xero, and is not fit for purpose for the EU market.

I have several companies all around europe using xero, and reverse charge is only available on UK xero suscription, will this ever be solved?

Please work on it asap as we need this feature urgently.

Absence of this function is going to now cause me to move my practice away from Xero as it is becoming too time consuming not having proper tax functions

Super important for our organisation

I have no option except switching from Xero to another software because Reverse charge is extremely important requirement by Irish Government

Absolutely important for our French entity in Xero. Please add the feature to add reverse charge VAT tax rates in Xero"

Important Missing feature