Whether you’re new to the construction industry or want to build on your existing knowledge, get the latest information, including changes to the way VAT is collected by attending HMRC webinars for Contractors and Subcontractors. You can ask questions throughout the webinar using the on-screen textbox.
Launch of Construction Industry Scheme (CIS) Toolkit for small businesses With the introduction of the domestic reverse charge for VAT on supplies of building and construction services, we have put together a Toolkit for small businesses to help you navigate to the right place for the information that you need
From 1 March 2021 the domestic VAT reverse charge must be used for most supplies of building and construction services. The charge applies to standard and reduced-rate VAT services: for individuals or businesses who are registered for VAT in the UK reported within the Construction Industry Scheme What you need to do You’ll need to:… Continue reading VAT Reverse Charge for Construction Services from 1 March 2021