Confusing VAT Rules for Builders and Subcontractors: Simplified!

May 8th, 2024

What is the VAT reverse charge?

This is a special VAT rule where the customer pays the VAT instead of the business. It can be confusing, but here's the basic idea for builders and subcontractors:

Who does it apply to?

What if one of us isn't VAT registered?

How do we handle the paperwork?

For more details:

Remember, this is just a guide. If you're unsure, always consult a tax advisor.