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16th September 2019

VAT Reverse Charge – update no 1

Monday 16th September 2019  Brad Bamfield joined an HMRC webinar on VAT Reverse Charge which was very informative but only really skimmed the surface.

Picture of Brad BamfieldIt does seem however that it only applies to Contractors and Subcontractors who are also paid through CIS and not “End Users” or material only suppliers.

Brad is looking farther into this, but it also seems professional advisers are excluded and should charge VAT in the usual way.

However, Brad says “I asked specifically about Cost Managers and PMs but did not get a clear answer, so more work needed”.

We are attending another seminar early in October so will add an update after that.