Domestic reverse charge

VAT domestic reverse charge 1st October 2020

The domestic reverse charge is a major change to the way VAT is collected in the building and construction industry. Coming into effect on 1 October, 2020 it will mean the customer receiving the service should pay the VAT due to HMRC not the supplier. It will only apply to individuals or businesses registered for … Read more

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Limited company Formation

From AJR & Co Ltd