Are you ready for the reverse charge?
A significant change to the VAT rules will hit the construction sector this autumn. But many of those who will be affected will be unprepared. Graham Anderson reports
Business
HMRC warns businesses to prepare for no deal on Brexit
HM Revenue & Customs (HMRC) is urging business owners to take action to prepare for the UK leaving the European Union without a deal.
HMRC loses appeal against student halls VAT ruling
HM Revenue & Customs’ appeal against a ruling that overturned its student accommodation VAT policy has been rejected.
Reverse charge VAT: what you need to know
Conversations about VAT (value added tax) can kill a party stone dead but, sorry, we need to talk about it, and now. HMRC is targeting contractors and the industry needs to be ready. Emma Crates reports.
£1bn VAT bombshell on building supplies
The Builders Merchants Federation is warning that its members face a £1bn Brexit bombshell if they are forced to pay 20% VAT upfront on European building materials.
Jobless builder jailed for VAT swindle
An out-of-work builder falsely claimed £750,000 of VAT repayments to feed his gambling habit, a court has heard.
