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Construction Sector VAT October 2019

How will the construction sector be affected by the new VAT rules on 1st October 2019?

The way VAT is charged on construction services will change in October 2019. HMRC has introduced the Domestic Reverse Charge (DRC) as part of new anti-fraud rules to combat VAT fraud in construction sector labour supply chains.   How will the new VAT Domestic Reverse Charge rules work? If VAT is charged incorrectly by a sub-contractor, then […]

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