From 1 October 2019, a VAT reverse charge will be in operation for most construction services carried out in the UK. This measure has been introduced to combat fraud in the building and construction ...
The way HMRC collects VAT from construction firms has changed. On 1 March 2021, the VAT reverse charge for building and construction services came into force. The aim is to tackle VAT fraud in the ...
The Domestic Reverse VAT Charge (DRC) for building and construction services represents a significant shift in the administration of VAT for the construction industry within the UK. With the VAT onus ...
New rules are being introduced on 1st October 2020 which affect VAT registered construction businesses that, broadly speaking, contract with each other during the construction process, for example ...
A significant change to how contractors in the supply chain account for VAT comes into effect on 1 October. The new rules remove the current requirement for VAT to be charged on sales invoices from ...
The domestic reverse charge comes into effect on 1 March – here’s what you need to do In the most significant change to the treatment of VAT in the construction industry in a generation, the VAT ...
Sponsored content by Emma Forrester, VAT Consultant, Armstrong Watson LLP A significant change to how the construction industry accounts for VAT will be introduced from 1 March 2021. The changes apply ...
FROM 1 October 2019 there will be a significant change to how suppliers in the construction industry supply chain account for VAT. The changes will apply to businesses making or receiving specified ...
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