Are you prepared for the new domestic VAT reverse charge for construction services?

What is the VAT reverse charge for building and construction services? The VAT reverse charge shifts the obligation to account to HMRC for output tax on a supply from the supplier to the customer. From 1 March 2021 the charge must be applied to standard and reduced-rate VAT services: for individuals or businesses who are … Continue reading Are you prepared for the new domestic VAT reverse charge for construction services?