Construction industry reverse charge VAT ‘chaos’
Just over two months before major changes to VAT invoicing take effect for the construction industry, two thirds of SMEs in the sector know nothing about the new reverse charge regime, reports Pat Sweet.
The Federation of Master Builders (FMB) is calling for a six-month delay to implementation stating that levels of awareness about the changes to VAT reporting are low and few companies have made preparations for it.
Read more at the Accountancy Daily.
Small business exporters shrug of threat of no-deal Brexit
Sajid Javid takes over from Hammond as Chancellor of the Exchequer
