New rules are being introduced on 1st October 2020 which affect VAT registered construction businesses that, broadly speaking, contract with each other during the construction process, for example ...

From 1 October 2019, a VAT reverse charge will be in operation for most construction services carried out in the UK. This measure has been introduced to combat fraud in the building and construction ...

A significant change to how contractors in the supply chain account for VAT comes into effect on 1 October. The new rules remove the current requirement for VAT to be charged on sales invoices from ...

The Domestic Reverse VAT Charge (DRC) for building and construction services represents a significant shift in the administration of VAT for the construction industry within the UK. With the VAT onus ...

A new VAT charge will come into effect for 1.2 million construction workers today which could see disruption in trader/supplier relationships and potential cash flow issues, it has been claimed.

The content on this page is provided for reference purposes only. This content has not been altered or updated since 5 May 2020 The Council is working on a proposal for a Council directive which aims ...

What should you put in your VAT invoice? We explain more and share a handy template to help you get started. Knowing how to create a VAT invoice is essential for many small businesses. Perhaps you’ve ...

The VAT regulations provide that the EU VAT number of the customer should be stated on all VAT invoices where the “reverse charge” applies. Otherwise the supply is liable to Irish VAT.

The Revenue Department is planning to launch a value-added tax (VAT) reverse charge scheme in the scrap metal industry to reduce the risk of refund fraud by January 2024, says director-general Lavaron ...