HMRC issued a Brief in September to announce that the implementation of the Domestic Reverse Charge (DRC) for Construction Services has been postponed by 12 months, until 1st October 2020. Whilst this may have come as good news to those businesses affected, there is an important consequence of the delay that these businesses should also be aware of.
Source: centurionvat.com
Latest Posts in "United Kingdom"
- UAE E-Invoicing Framework: Compliance Guide for 2026–2027 Rollout
- FTT Rejects Late VAT Appeals and Penalty Excuse Claims in Gagajoo Gardens Case
- HMRC Simplifies VAT Capital Goods Scheme, Raising Threshold and Removing Computers
- EU Customs Reform Reshapes E-commerce Duties and Low-Value Parcel Imports
- UK VAT Capital Goods Scheme Changes from 29 July 2026
