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 ...
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 ...
Sponsored Content written 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 ...
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 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 Government’s decision to delay by one year the implementation of potentially damaging VAT changes for construction companies is a victory for common sense, according to the industry. Reverse ...
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