A Guide to VAT Reverse Charge – New VAT Rules for Construction

New VAT rules for construction In this brief guide we look at the ‘Domestic Reverse Charge’ (DRC) that is tobe introduced for VAT on construction services from 1 March 2021. This was announced in a consultation in early 2018, with the intention that it should be introduced on 1 October 2019. It was delayed for a year because of Brexit, then delayed another 5 months because of the pandemic. As far as we can tell, Brexit and the pandemic will still be with us on 1 March 2021, but we have to be prepared for the new rules to be introduced without a third delay. There are links to HMRC’s detailed website guidance at the end of the newsletter. Charcroft Baker - VAT Reverse Charge GuideDownload ...
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