New guidance on the VAT domestic reverse charge for building and construction services

HMRC have published new guidance on the VAT domestic reverse charge for building and construction services that starts on 1 October 2019.

The domestic reverse charge (referred to as the reverse charge) is a major change to the way VAT is collected in the building and construction industry. It comes into effect on 1 October 2019 and means the customer receiving the service will have to pay the VAT due to HMRC instead of paying the supplier. It will only apply to individuals or businesses registered for VAT in the UK (although it will not apply to consumers).

Published 7 June 2019 Croner-i