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VAT Reverse-Charge: Important updates contractors and subcontractors need to know

Most commonly asked questions with regard to VAT on Construction Services.

The questions are the following:

1. Are VAT and VAT Reverse Charge Different From Each Other?
2. When You Must Use the VAT Reverse Charge?
3. When You Must Not Use the VAT Reverse Charge?
4. When To Apply VAT Reverse Charge?
5. How are the New Rules Applied?
6. How Will the Changes Affect You?
7. How To Prepare for Change?
8. What If VAT Reverse Charge Does Not Apply To You?

Source Legendfinancial

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