News

In the Autumn of 2017 HMRC announced that they would consult on ... they will need to ensure that sub-contractors are not charging VAT on supplies subject to the domestic reverse charge. That will in ...
The DRC will affect around 150,000 businesses in the construction industry It will require those receiving a supply of construction services to account for VAT directly to HMRC In particular ...
HMRC’s new VAT domestic reverse charge for building and construction services comes into effect from 1st March 2021. With this in mind, specialists from Chartered Accountancy practice, Sheards ...
The domestic reverse charge comes into effect on 1 March – here’s what ... Instead, purchasers (whether at main contract level or below) are obliged to pay the VAT directly to HMRC, rather than ...
The domestic reverse charge for building and construction ... subject to the normal rules for VAT recovery. HMRC have now announced that the implementation of the reverse charge will be delayed ...
A NEW VAT charge will come into effect for 1.2 million construction workers today which could see disruption in trader/supplier relationships and potential cash flow issues, it has been claimed.
HMRC’s new VAT domestic reverse charge for building and construction services comes into effect from 1st March 2021. The reverse charge will apply to all CIS registered businesses buying and ...