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CONSTRUCTION SECTOR: REVERSE CHARGE VAT
The effects on supply chains from 1 March 2021.
Those working in the UK’s construction industry will have to handle and pay VAT differently from 1 March 2021, unless there’s another last-minute Government U-turn.
This is when the VAT domestic reverse charge for building and construction services, to use its full name, will finally take effect at the third time of asking.
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