Tag Archives: construction

Introduction of VAT ‘reverse charge’ from 1 March 2021 for building and construction services

From 1 March 2021, the domestic VAT ‘reverse charge’ for supplies of building and construction services will come into operation. The new measures apply to VAT-registered businesses who are supplying/receiving standard or reduced-rated services reported under the Construction Industry Scheme …

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Coronavirus: What protection is afforded to contractors?

As cases of COVID-19 increase throughout Europe and the UK, the adverse impacts on the construction industry are becoming a probable reality. For contractors and subcontractors who will usually be bound by time sensitive dates for completion of the contracted …

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