BHP: VAT Reverse Charge for Construction Services Seminar
Date: 11 Sep 2019
Time: 8:00 AM - 10:00 AM
HMRC’s VAT domestic reverse charge for construction services is due to come into force on 1 October 2019. The introduction of the reverse charge represents a significant procedural change and it is crucial that businesses understand exactly how it will operate. The new rules will potentially impact on cashflow for some businesses and we would recommend that all businesses in a construction supply chain make sure they are aware of the impact of the new rules.
BHP are pleased to announce a series of free seminars in September 2019 to help you manage the changes. The seminars will run through the following:
An overview of the reverse charge mechanism for construction services;
When is should be applied;
The resulting administrative and systems impacts;
Impacts on the VAT return for sub-contractors and contractors; and
The Construction Industry Scheme (“CIS”) for tax and who is in and out of scope.