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 ...
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 ...
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 ...
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 ...
The content on this page is provided for reference purposes only. This content has not been altered or updated since 5 May 2020 The Council is working on a proposal for a Council directive which aims ...
MISTAKES TO AVOID - words in a white notebook against the background of a black notebook with a pen. Business concept Navigating VAT regulations in the European Union can be particularly complex, ...