Following HMRC’s update published 6th September 2019, the domestic reverse charge for construction services will be delayed fora period of 12 months until 01 October 2020.
There have been concerns raised that some businesses in the construction sector are not ready to implement the VAT domestic reverse charge which was due to come into effect from 01 October 2019.
In the intervening year, HMRC will raise awareness and provide additional guidance and support to make sure all businesses will be ready for the new implementation date.
For further information on the domestic reverse charge,please do not hesitate to contact Jake on 01227 277667. Alternatively, you can email him at firstname.lastname@example.org.