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Construction


Builders’ VAT Rules Delayed For A Year

The government have decided to delay the start of the proposed VAT reverse charge for supplies by sub-contractors in the construction sector. The reason for the u-turn is the lack of awareness of the change that was originally due to start on 1 October 2019. Many sub-contractors, and some main contractors, were not prepared for […]

Read more October 3rd, 2019

New VAT Rules For The Construction Sector

Under new rules due to come in on 1 October 2019 builders, subcontractors and other trades associated with the construction industry will have to start using a new method of accounting for VAT. With these new rules, supplies of standard or reduced-rated building services between VAT-registered businesses in the supply chain will not be invoiced […]

Read more July 10th, 2019

CIS – What Is It And Will I Need To Register?

We have spoken to a number of clients and potential clients over the last couple of months who have been looking at developing or putting up a new build on the land of a property that has been purchased. Therefore, we wanted to briefly cover the Construction Industry Scheme (CIS). What is it and when […]

Read more October 2nd, 2018

A New Look For Construction Production

The EU have introduced new legislation, the Construction Products Regulation 2013, which came into force on July 1st 2013. This has been introduced to transpose the EU legislation into UK Law, this legislation will affect the marketing and accreditation of construction products. If you purchase construction materials or equipment you should now find there is […]

Read more July 19th, 2013

Missing CIS Vouchers

We remind construction companies of their responsibility to maintain adequate records in respect of CIS deductions made by contractors from payments they receive and CIS deductions made by them from payments made to sub-contractors. There have been a number of instances each year where we have had to contact HMRC on behalf of clients for […]

Read more November 12th, 2010