Posts Tagged ‘https://www.gov.uk/guidance/vat-domestic-reverse-charge-for-building-and-construction-services’

New Year, New Support for Business (our guide updated)

Friday, January 8th, 2021

Dear All,

Happy New Year.  As we all continue to worry about how long it is going to take to return to a more normal business and social climate, we have updated our business support guidance note for your reference:

Business Support Covid at Jan 2021

A small but important point, with all the fuss about the pandemic and Brexit, those in the construction sector may have forgotten that the “domestic reverse charge” for construction businesses starts on 1st March.  If you are a developer or builder this change may be quite fundamental and ensuring you have prepared is vital.  Helen Goodwin, our VAT manager, is happy to help you with questions.   HMRC’s guidance is here:  https://www.gov.uk/guidance/vat-domestic-reverse-charge-for-building-and-construction-services

Best wishes,

Donald Parbrook, Director, for Milne Craig

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