Jack Bennett Accountant

What is Reverse Charge VAT?

A number of our clients have received notification from Main contractors, relating to the introduction of Reverse Charge VAT for the construction industry, from 1st October 2020. Whilst reverse charge VAT is not a new concept, this is not familiar to the majority of businesses. In order to provide our clients with the support and guidance needed, we have produced a comprehensive guide to the changes that are being implemented, and the possible consequences.