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VAT domestic reverse charge went live on 1 March 2021 and the most significant change to VAT for supplies of building and construction services in 30 years.
From 1 March, sub-contractors in a CIS chain of supply have ceased to collect VAT from other contractors. In its place, the reverse charge system applies, meaning the buyer of the sub-contractor’s service is now liable for VAT accounting in place of the supplier.
We understand these changes are very complex and many of you still have questions on how to manage reverse charge VAT so we will be running a free webinar for construction businesses, addressing the most common questions we are being asked.
The webinar will take place on Zoom on 5 May at 1 pm.
We recommend joining the session with your audio muted and communicating via chat if you have any questions.
To register for the webinar, please send your Full Name and email address to firstname.lastname@example.org.
If you have any questions that you would like us to answer, please send these over when you register or use the chat function during the session. Any questions you send through in advance will be kept anonymous.
Please note that we may not have time to answer every question that we receive during the webinar, but we will follow up with you on an individual basis afterwards if we do not get round to answering your question.
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