The Revenue Department is planning to launch a value-added tax (VAT) reverse charge scheme in the scrap metal industry to reduce the risk of refund fraud by January 2024, says director-general Lavaron ...
The content on this page is provided for reference purposes only. This content has not been altered or updated since 5 May 2020 The Council is working on a proposal for a Council directive which aims ...
The DRC will affect around 150,000 businesses in the construction industry It will require those receiving a supply of construction services to account for VAT directly to HMRC In particular, it will ...
The way HMRC collects VAT from construction firms has changed. On 1 March 2021, the VAT reverse charge for building and construction services came into force. The aim is to tackle VAT fraud in the ...