The Construction Industry Scheme is a scheme that applies to payments to self-employed workers and businesses in the Construction Industry. Under the scheme tax is deducted from payments and paid over to HMRC. There are two sorts of people that need to register with...
On 1st March 2021, the VAT domestic reverse charge for building and construction services came into effect for VAT registered businesses within the Construction Industry Scheme (CIS) in the UK. In essence, the domestic reverse charge procedure means that a...
