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VAT for Construction Industry

The change to the VAT on construction industry supplies, which was originally due to be implemented in the Autumn of 2019, has been further deferred until 01 March 2021.

Under the changes proposed, invoices relating to supplies made under the Construction Industry Scheme would  be required to show no VAT being charged, irrespective of the nature of the supplies made.

Detailed guidance can be found from HMRC’s at the following link:

https://www.gov.uk/guidance/vat-domestic-reverse-charge-for-building-and-construction-services#:~:text=Overview,instead%20of%20paying%20the%20supplier.

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