Reverse VAT is a backwards step

By Tony Bingham2019-09-04T05:00:00

Reverse-charge VAT is an awful idea 鈥� subcontractors depend on the taxation time-line delay to ease their cash flow

I was recently asked 鈥� along with 120 other professionals from the field of construction, all gathered in one room: 鈥淗ands up those who have heard of reverse-charge VAT for construction?鈥� Barely 10 hands went up. These people were for the most part the QSs, managers and admin folk working in your everyday building and contracting world. And this was their state of knowledge on this new taxation malarkey just two months before it kicks in.

This is PREMIUM content, available to subscribers only

You are not currently logged in. Subscribers may LOGIN here.

to access this story

A subscription will provide access to the latest industry news, expert analysis & comment from industry leaders, data and research - including our popular annual league tables. You will receive:

Print/digital issues delivered to your door/inbox
Unlimited access to building.co.uk including our archive
Print/digital supplements
Newsletters - unlimited access to the stories behind the headlines

now

Get access to premium content

黑洞社区