New VAT rules are finally due to come into effect this March which will impact on accounting for VAT for transactions in the construction sector. These new rules, which were originally scheduled to start back in October 2019, have already been delayed twice as there was a lack of awareness of the changes in the…
Tag Archives: CIS event
If you work in the Construction Industry under ‘CIS’ and are VAT registered under the new ‘domestic reverse charge for VAT’, then this event is for you. As you may have heard, HMRC are introducing the Reverse Charge for Constructions Services from 1 October 2019. This is the HMRC approach to counteracting fraudulent VAT reclaims….