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VAT

Are Payment Provisions Linked To The Supply Of A VAT Invoice Compliant With The Construction Act?

The Technology and Construction Court (TCC) judgment in Rochford Construction Ltd v Kilhan Construction Ltd [2020] (only recently published) includes significant obiter1 views in relation to payment clauses and compliance with the Housing Grants, Construction and Regeneration Act 1996 as amended (the Construction Act). Those views raise questions about the validity of clauses that link the final date for payment to the provision of VAT invoices.

Source: gowlingwlg.com

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