Construction Industry
VAT Domestic Reverse Charge For Building And Construction Services Delayed
HMRC has announced a one-year delay to the introduction of the VAT domestic reverse charge for building and construction services. The reverse charge represents part of a government clamp-down on VAT fraud. According to the government, large amounts of VAT
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VAT Changes May Cause Construction Chaos
The Federation of Master Builders (FMB) is warning that a major change in the way that VAT is accounted for in the building and construction sector which takes effect later this year may cause chaos. The VAT domestic reverse charge
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DELAYED…Construction Industry – VAT domestic reverse charges
GREAT NEWS – A plan by HMRC to introduce new procedures for paying VAT in the building and construction industry have been postponed for 12 months until 1 October 2020. ORIGINAL ARTICLE FOLLOWS BELOW: More changes are afoot from 1 October
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