Domestic Reverse Charge for Building and Construction Services – Delay in Implementation.
On 6th September 2019, HMRC published a Policy Paper confirming the Domestic Reverse Charge VAT for Construction Services will be delayed for a period of 12 months, meaning the new implementation date will be 1st October 2020.
Construction Industry representatives raised concerns that not all businesses were ready for original start date of 1st October 2019. Therefore, to help these businesses HMRC have agreed to a delay of 12 months. This will also help avoid any changes that Brexit brings about.