Preparing for Change - VAT Collection Changes From 1st March 2021

The reverse charge is a major change to the way VAT is collected in the building and construction industry and means that the customer receiving the service will have to pay the VAT due to HMRC instead of paying the supplier, and will only apply to individuals or businesses registered for VAT and will affect you if you supply or receive specified services that come under the Construction Industry Scheme (CIS).

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