Release Notes

7 minute read

3.4 (October 2024)

Application enhancements

Restructuring fields for CIS/RCT

The fields are restructured to enhance user-friendliness, making it easier for users to locate the information they need. This update is designed to simplify navigation and make the app more efficient, so you can find what you need without any hassle.

Fixes and minor adjustments

#196 Link pages and reports to the documentation
#205 Ensure app is registered before assisted setup is run
#211 CIS Return Statement shows wrong amounts
#214 Error on comment lines

3.3 (September 2024)

Application enhancements

CIS/RCT assisted setup

The CIS/RCT Assisted Setup Wizard provides a seamless onboarding experience for setting up subcontractor withholding tax. It guides users through key configurations, including tax rates, posting groups, and accounts, ensuring accurate setup. If previous transactions exist, the wizard ensures manual adjustments are made to avoid setup issues. This setup automates tax configurations, saving time and minimizing the effort needed for compliance with HMRC requirements. A product video has also been added to the Business Central product videos section, offering a detailed demo to help new users better understand the setup process. Learn more.

3.2 (August 2024)

Fixes and minor adjustments

#187 Change of Purchase Tax Product Posting Group in the Purchase Lines doesnt update the Retention Tax Amounts

3.1 (July 2024)

Application enhancements

Renaming Purchase Tax Retention objects

Pages and fields within the Purchase Tax Retention module are now renamed according to the chosen Tax Scheme. Users can still search for these pages and fields using their old names, ensuring a smooth transition and uninterrupted workflow.

Site Identifier Number included in the Purchase Lines

Sometimes there are subcontractors that do work related to different sites, hence providing an invoice that has multiple lines – for each different site a different line. Site Identifier Number in the Purchase Lines resolves that. When the Site Identifier is populated on the Purchase Header, the Site Identifier on the Purchase Lines will be populated automatically with it. The field on the Purchase Lines is editable.

Fixes and minor adjustments

#168 Deductions shown in Vendor Statistics
#169 You can post an Purchase Invoice with blank Retention tax Product Posting Group and Retention Tax category

3.0.2 (May 2024)

Fixes and minor adjustments

CIS verification fails if there are more than 100 vendors

3.0.1 (May 2024)

Fixes and minor adjustments

Fix date format for subcontractor verification

3.0 (May 2024)

Application enhancements

Default Retention Tax Business Posting Group from Tax Treatment Status

When a Tax Treatment Status is set on a vendor, most often by verification, the appropriate Retention Tax Business Posting Group is automatically set.

2.9.2 (April 2024)

Fixes and minor adjustments

#162 Verification fails if there are more than 100 vendors in the database

2.9.1 (April 2024)

Fixes and minor adjustments

#160 Upgrade to 2.9 fails

2.9 (April 2024)

Application enhancements

Multiple Site Identifier Nos RCT (CIS)

Compliance with RCT standards, the pryme CIS & RCT tax retention now supports multiple Site Identifier Nos (SINs) per vendor. With a new editable ‘Site Identifier No.’ field on Purchase Documents, users can accurately record and track SINs, enhancing reporting capabilities.

Blank posting groups in Retention Tax Posting Setup

To accommodate scenarios where the same G/L account is utilized for various subcontractor services, users can now leave the product posting group blank in the Retention Tax Posting Setup.

Fixes and minor adjustments

#150 Correct required formats for HMRC fields
#151 Set Subcontractor’s AOref field invisible for CIS

2.8.1 (February 2024)

Fixes and minor adjustments

#152 Subcontrator verification fails

2.8 (February 2024)

Application enhancements

Returned Receipt

Digital certificate returned within the success response with the certificate authority is now available in the field for each Retention Tax Period. Users now have option to view/print/save returned receipt with previously saved XML submission. Receipt is important as it is the Taxpayers proof of submission and therefore can be used if they need to challenge the submission held by the HM Revenue & Customs (HMRC).

Cis Return Statement

The Cis Return Statement report provides a concise overview of CIS deductions withheld for subcontractors, detailing deductions by subcontractor throughout the selected Retention Tax Period. A similar report is available for statement lines individually, while this report offers an extended summary for the entire period.

Fixes and minor adjustments

#135 Added ‘Quarterly’ option for retention tax period calculation type
#130 Document No field on Posting Preview has GUID value

2.7 (January 2024)

Fixes and minor adjustments

#89 Allow changing posting groups on purchase documents
#112 Validation of HMRC setup data
#113 CIS subcontrator data validation
#115 CIS Vendors default to “Sole Trader” after upgrade to 2.6 version
#116 CIS requirements are checked even in IE companies using RCT
#124 UI: Dedicated fast tab for Ret.Tax
#125 Set fields enabled/disabled according to new field Tax Schema in the Ret. Tax Setup
#126 Adjust Accounting By field according to the Tax Scheme
#131 Posting Credit Memo with posting setup combination marked Exempt not working correctly
#132 Applying with Credit Memo doesnt work properly - wrong sign for Expected Amount

2.6 (December 2023)

Application enhancements

Verify Subcontractors Online for CIS

Now, you can easily verify subcontractors online before your monthly return. This integration with HM Revenue & Customs (HMRC) simplifies the process of confirming tax status and compliance for each subcontractor.

Report Inactivity

You can request inactivity automatically in CIS for a period of six months. When you no longer make payments to subcontractors, check the option field on Submitting Retention Tax Period. The CIS system will not issue any further returns during the inactive period.

Fixes and minor adjustments

#90 Word layout for CIS Subcontractor Statement
#94 Order lines for expenses do not get a tax retention posting group

2.5 (October 2023)

Application enhancements

Online Tax Retention Submission for CIS

Tax retentions is now possible to submit directly from the Business Central application to the HM Revenue & Customs (HMRC) online. To use the new feature, ensure prior HMRC verification to update HMRC Settings with the data.

2.4 (September 2023)

Application enhancements

Subcontractor Statement

Exempt from retention and reporting

The new option to exempt certain groups from the base amount can be found as a new field “Exempt” in the posting setup. Marking this field will fully exempt the combination from inclusion in entries and reporting.

Additional fields in the entries

Fields for submission date, vendor name and period number has been added to transactions.

Fixes and minor adjustments

#43 Enhancement: Block closing of non-consecutive periods
#48 Error when more than 215 subscontractors are included in a statement
#49 Enhancement: Detailed Ret Tax Entry added to Preview Posting

2.3 (June 2023)

Fixes and minor adjustments

#1236 Description missing after posting rellocation
#1237 Fix for error on direct posting check
#23 Transactions can be posted into closed Retention Tax Periods
#25 CIS Vendor Verification is not checked when paying multiple vendors
#27 CIS vendor verification not checked when creating a bank file
#28 Gross registered CIS vendors not included in submission

2.2.1 (June 2023)

Fixes and minor adjustments

#1255 Error on closing retention tax period when detailed amount equals zero

2.2 (May 2023)

Application enhancements

Retention Tax Category

The new field Retention Tax Category in the retention tax setup has been added. It’s specifically designed for the Construction Industry Scheme (CIS). This improvement enables users to categorize retention taxes, providing a more streamlined and efficient process of reporting CIS-related tax obligations.

Fixes and minor adjustments

#1238 CIS: Periods with zero amount withheld cannot be closed
#1239 Hiding Retention Tax Business Posting Group on purchase documents
#1136 Entering total/heading account numbers in Ret. Tax Posting Setup shouldn’t be possible
#1232 Retention tax entries are not created when the rate is 0%
#1231 When posting an invoice for an un-verified CIS vendor the user must confirm the posting
#1230 When posting an invoice for CIS vendor, an incorrect Retention Tax Period is created
#1228 Payments can be made to contractors that are not verified
#998 Retention Tax Periods should be able to start on custom date set in the Retention Tax Setup
#995 Close retention tax entry on closing retention tax period