From April 2024, all landlords with income over £10,000 per year will be required to comply with Making Tax Digital (MTD). This will be extended to…
The VAT domestic reverse charge, commonly known as the reverse charge, for building and construction services is being introduced from 1 March 2021.
You will need to prepare for this change by:
- Checking whether the reverse charge affects either your sales, purchases or both
- Contacting your regular clients or suppliers to let them know
- Making sure your accounting systems and software are updated to deal with the reverse charge
We have pulled together frequently asked questions for you which we hope you find useful. Any questions on the reverse charge, please do not hesitate to contact [email protected]