CIS – Construction industry scheme

In this article we will be looking into recent changes that affect the CIS. The construction sector remains one of the UK’s key sectors, despite the effects of the COVID-19 pandemic.  In September 2021, construction output grew by 1.3% on the previous month. This placed the sector just 1% below its pre-pandemic level – and[…]

Construction sector: Reverse charge VAT

Those working in the UK’s construction industry will have to handle and pay VAT differently from 1 March 2021, unless there’s another last-minute Government U-turn. This is when the VAT domestic reverse charge for building and construction services, to use its full name, will finally take effect at the third time of asking. In this[…]