Domestic Reverse Charge and VAT

The introduction of the domestic reverse charge for construction services has been delayed for 12 months until 1st October 2020.

HMRC made the change after industry representatives raised concerns that some businesses were just not ready. They have stated that where genuine errors occur because some businesses have already made changes to their invoicing, and these changes cannot easily be changed back again, then the change of date will be taken into account by HMRC. Also, if businesses had opted for monthly VAT returns on the back of the change in legislation, then this can be reversed on HMRC website.

So, in summary, it is as you were…………………until next year.

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