Domestic Reverse Charge for VAT – UPDATE

Domestic Reverse Charge for VAT – UPDATE

On 6 September 2019, in response to representations from the construction sector, HMRC announced that the proposed implementation of the Domestic Reverse Charge for VAT has been postponed for 12 months and will now be implemented on 1 October 2020. Some businesses...
Making Tax Digital Delayed

Making Tax Digital Delayed

As part of HMRC’s continuing digitisation program it is introducing Making Tax Digital(MTD) from April 2019. This means all businesses with a turnover over the current VAT threshold of £85,000 will be mandated to maintain their VAT records digitally and submit VAT...