Back in 2019 before any of us had heard of Covid, HMRC announced that they were introducing the Domestic Reverse Charge for VAT and that it would affect everyone in the Construction Industry who is VAT registered. After delaying the introduction of this a couple of times due to Brexit and Covid it has finally…
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Construction Industry Scheme (CIS) If you work in construction, whether you are a builder, carpenter, plumber, plasterer, painter etc AND you use the services from time to time of other workers in the construction industry you will need to comply with a special set of tax rules collectively known as the Construction Industry Scheme (CIS). The…
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HMRC have you in their sights ! “CONNECT”….is the sophisticated HMRC computer uses information gleaned from other sources and algorithms to determine the likely accuracy of a taxpayers Tax Return. HMRC tax investigations are on the increase. Tax investigations are time consuming, stressful and costly. They can last for many months and during this time…
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