HMRC have now confirmed that the Domestic Reverse Charge for the construction industry must be implemented from 1 March 2021.
Businesses will need to make changes to comply with the new VAT rules and in this webinar, we will set out how these will work and their interaction with the Construction Industry Scheme. Our experts will explain the practical implications of the changes, how they could impact on your business and what you should be doing to prepare for them.
Veronica Donnelly will explain the new VAT Domestic Reverse Charge that will be effective from 1 March and how this will impact on contractors’ and subcontractor’s invoicing and accounting systems.
David Hedges will give an overview on the Construction Industry Scheme and summarise the key factors that need to be considered in relation to the VAT changes.