Martin Aitken & Co Ltd News & Developments

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VAT Reverse Charge for Construction Services

From 1 March 2021, the way that VAT is accounted for on some subcontracted construction supplies will change.

Under the historic rules (pre-1 March), a VAT Registered subcontractor would invoice their customer for work carried out and apply VAT to this, which the customer would pay to the subcontractor in full.

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