The government has agreed to delay the implementation of VAT reverse charge for construction
The VAT reverse charge delay follows intense lobbying by the construction industry, which had warned that companies were not ready for what will be a significant change to the management of their business finances as the necessary information had not filtered through in time.
The changes will now come into place in October 2020.
Get prepared now
Download the Sage Handy Guide to VAT Reverse Charge for Building and Construction Services below: