VAT: Reverse charge for builders delayed until 2020

September 11th, 2019  |  Published in Uncategorized

In a move hailed as a ‘victory for common sense’, the government has announced a 12-month delay to the introduction of the domestic reverse charge VAT for construction services, citing industry concerns and Brexit as the reasons behind the postponement.

Basically, if your services supplied to another builder are then billed by them to a third party, you don’t charge VAT, there’s more to it than that, of course, but forget it for now, despite it being a big change, with weeks to go. HMRC realised that hardly anyone knew about it!

If it will affect you, we can talk about it next year.

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