Construction Industry Scheme: How the VAT reverse charge will affect your business

A shake-up of VAT rules could impact the cash flow of 150,000 small and medium businesses in the UK construction sector, many of whom are covered by the Construction Industry Scheme (CIS).

Read this article to make sure you don’t get caught out – it covers details about the new domestic reverse charge, offers tips to help you prepare for it, and there’s also a refresher on the CIS and how it works.

Here are the topics covered in the article:

Introduction of the VAT domestic reverse charge for construction

How does the domestic reverse charge work?

What the

Business Management

This post was originally published on this site