Domestic reverse charge VAT legislation is a change in the way CIS registered construction businesses handle and pay VAT. It is being introduced in the UK on 1st March 2021. In our video, we cover all you need to know to be ready for it.
For more information concerning the Domestic Reverse Charge:
- Check HMRC’s guidance
- View Xero’s guide (linked below)
- Remember to contact us for specific advice if you are on the flat rate scheme.