HMRC is bearing down with increasing force on construction over VAT domestic reverse charge. Chartered tax adviser Tony Cochrane explains all.
The DRC will affect around 150,000 businesses in the construction industry It will require those receiving a supply of construction services to account for VAT directly to HMRC In particular, it will ...
A NEW VAT charge will come into effect for 1.2 million construction workers today which could see disruption in trader/supplier relationships and potential cash flow issues, it has been claimed.
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