Remember that the VAT ‘reverse charge’ starts in the UK for building and construction services from 1st March 2021. It is designed to combat VAT fraud in the building and construction sector. This is relevant to everyone who is CIS and VAT registered and works in the construction industry.
This new treatment was announced some time ago but its introduction has been delayed due to the pandemic. However, it comes into force on 1 March 2021 so please be aware of this when you are raising invoices from this date.
If you missed our zoom meetings where we went through the new legislation and the changes you need to make or have any further questions then please let us know.
