VAT Reverse Charge For Construction Delayed
As Parliament came to a close, HMRC has issued new “guidance” that announced the delay, a 12-month delay until October 2020, of the domestic VAT reverse charge for constructions services. With major construction industry unease, the delay has been greatly appreciated by the sector. More and more businesses publicly stated their unpreparedness for the October 1 deadline. Especially when one considered the October 31st, 2019...