Martin Aitken & Co Ltd News & Developments

Martin Aitken & Co: news and comment

VAT: Construction Industry Reverse Charge 1 Oct 2019 (now delayed until 1 Oct 2020)

VAT: Construction Industry Reverse Charge 1 Oct 2019 (now delayed until 1 Oct 2020)
Please note: on Friday 6 September HMRC announced that the introduction of the Reverse Charge would be delayed for a year, until 1 October 2020 >read more. HMRC say the delay is to give affected businesses more time to prepare.The existing rules (i.e. no Reverse Charge for construction supplies) will continue to apply until then.If you have any query regarding this please contact our VAT Manager Iain Johnston.

 

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