05/03/2021 by Brealey + Newbury Accountants 0 Comments
VAT Reverse Charge
Check when you must use the VAT reverse charge for building and construction services
VAT Reverse Charge for the building and construction sector is now in place. HMRC have announced they will be giving firms a 6 month "soft landing" period starting from 1st March 2021 in order to get up to speed with the new system.
If you need to know more about the reverse charge and whether or not it applies to you, please see HMRC guidance here: https://www.gov.uk/guidance/vat-domestic-reverse-c...