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 ...

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 ...

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 ...

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 ...

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 ...

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 ...