From 1 October 2019, a VAT reverse charge will be in operation for most construction services carried out in the UK. This measure has been introduced to combat fraud in the building and construction ...
The domestic reverse charge comes into effect on 1 March – here’s what you need to do In the most significant change to the treatment of VAT in the construction industry in a generation, the VAT ...
HM Revenue & Customs has unveiled its proposals on reverse VAT charges in relation to carbon trading. Due to escalating VAT fraud around carbon trading HMRC introduced a zero rate of VAT in July 2009 ...
New rules are being introduced on 1st October 2020 which affect VAT registered construction businesses that, broadly speaking, contract with each other during the construction process, for example ...
Nearly one year after the Federal Government increased the country’s Value Added Tax rate, manufacturers want the 50 per cent hike in the VAT rate to be reversed. The Federal Government had in ...