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Post Info TOPIC: VAT reverse charge for construction DELAYED until October 2020
Leger


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VAT reverse charge for construction DELAYED until October 2020
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Only just found out tonight from reading Aweb, this will now be delayed until October 2020

https://www.gov.uk/government/publications/revenue-and-customs-brief-10-2019-domestic-reverse-charge-vat-for-construction-services-delay-in-implementation/revenue-and-customs-brief-10-2019-domestic-reverse-charge-vat-for-construction-services-delay-in-implementation



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John 

 

 

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Artois


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Thanks John, I hadn't heard anything.

Short notice with less than a month to go and another complete waste of all our time.

Cheers



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Doug

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Jay


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Thanks you for posting this. Not too much of an issue for us but still spent considerable time preparing for it.

Similar to early days MTD.............

 

Best wishes

 

 

Jay

 

 



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Riel


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Thanks for this, I work in a construction company and we knew nothing of this, and I have signed up for alerts from HMRC as well!

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Riel
Cheshire


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Hi Riel
HMRC are good at sending alerts for things that you (a) dont need (b) have received a million times before. Interestingly with this one - the link John put up was posted on 6th September on one part of the Government website, but up to about 10 minutes ago another half of the Gov.uk website was still showing it starts 1 Oct this year.

I used to be signed up to HMRC 'briefs' as well as agents news, but these days Im not sure if you can sign up to them as well as the other bits, so I just go in and check the briefs on a regular basis (albeit only once every couple of weeks if Im not too swamped with work). Certianly for any imminent changes in legislation its worth doing - see here www.gov.uk/government/collections/revenue-and-customs-briefs

Or when a deadline is getting nearer, best place to check is the actual legislation site - you can see changes as they occur and also know when its moved from pending/draft law to actual law. Check legislation.gov.uk

Its good news it sbeen pulled in so many ways - folk were not ready for it on the whole, although many have spent a lot of money on it already. Plus I consider this would improve the tax take better than MTD, but hey, we are stuck with that!

 

Hi John

Good call, dropping this one in. Used to be what this site was all about. Thank you, again on behalf of the silent ones wink



-- Edited by Cheshire on Monday 9th of September 2019 10:24:47 AM

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Leger


Master Book-keeper

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Riel wrote:

Thanks for this, I work in a construction company and we knew nothing of this, and I have signed up for alerts from HMRC as well!

 

Hi Riel

Yep same here, I do admin as well for my client and diddly squat from HMRC, I only knew about it from being here and on aweb.

 

Cheshire wrote:

Its good news it sbeen pulled in so many ways - folk were not ready for it on the whole, although many have spent a lot of money on it already. Plus I consider this would improve the tax take better than MTD, but hey, we are stuck with that!

 

Hi John

Good call, dropping this one in. Used to be what this site was all about. Thank you, again on behalf of the silent ones 

 Hi Joanne

I kinda disagree on it pulling in more tax. The apparent reason behind it is to stop criminals nicking the VAT, but I suspect they will either look at other income streams or move up the chain.  

Glad I was able to pass the info on.



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Rachel19


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Thanks John, I hadn't actually got around to putting together anything for clients, so this is good news!

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Amanda


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I found out on Friday on a facebook page that I am on! Someone had posted the link to it.

I was a t a client's that day who is in the construction industry and we didn't get any alerts either! So glad it has been postponed, HMRC must have decided they couldn't cope with MTD as well as this.

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Amanda
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