The Construction Reverse Charge (RC) background details here.
HMRC has recently published its VAT Reverse Charge for Building and Construction Services Manual.
It includes:
- how it works
- which services are covered
- the supplies of materials
- the supplies of labour and/or staff
- who needs to apply it
- practical issues such as invoicing and adjustments to consideration
- compliance issues
The contents of the new manual are:
- VATREVCON05000 – Data Protection
- VATREVCON10000 – Introduction: contents
- VATREVCON20000 – Scope of the construction reverse charge: contents
- VATREVCON30000 – How the construction reverse charge works: contents
- VATREVCON40000 – Compliance issues: contents