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January 2021

VAT and Construction Domestic Reverse Charge Webinar

January 19 @ 11:00 am - 12:00 pm

The new VAT “domestic reverse charge” (“DRC”) goes live on 1st March 2021 after a period of deferral. It is the most significant change to VAT in construction services in 30 years. From that date, sub-contractors in a CIS chain of supply will cease to collect VAT from other contractors. In its place, a reverse charge system will apply. This makes the buyer of the sub-contractors service liable for VAT accounting in place of the supplier. Join us to find…

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