by Marie Stein | 19 Aug, 2019 | Commercial property, Residential Property
When contractors MUST NOT use the reverse charge for construction services In principle, contractors must apply the reverse charge to sub-contractors’ services from 1 October this year, if they are registered for VAT and the CIS scheme, to prevent loss of VAT on... by Marie Stein | 13 Aug, 2019 | Commercial property, Residential Property
This is the second part of my series of articles about the introduction of the VAT reverse charge for construction services in October this year. The first part in the series was an Introduction to the subject, where I explained the background to the subject and why... by Marie Stein | 12 Aug, 2019 | Commercial property, Residential Property
Reverse charge for construction service Part 1 Introduction If you’re involved with the construction industry, you’ll doubtless be aware of the new rules from 1 October. These new rules are an avoidance measure to prevent VAT fraud in the construction... by Marie Stein | 12 May, 2019 | Residential Property
In the past few months, I’ve had queries from a couple of developers about claiming VAT on costs. In both cases, the developers have converted old residential homes into apartments, selling or intending to sell long leases in the newly converted apartments. ... by Marie Stein | 28 Apr, 2019 | Residential Property
If you want to avoid mistakes and unexpected VAT bills, you need to do the VAT planning for your development as part of the initial financial planning for the project. It might seem obvious that the VAT cost of a development is the difference between the VAT you pay...