The VAT domestic reverse charge

The VAT domestic reverse charge

How does the VAT domestic reverse charge work? From 1 October 2019, VAT-registered businesses  supplying certain construction services to other VAT-registered business for onward sale, will not be required to account for VAT, but must issue an invoice stating that the...
Private Residence Relief Changes

Private Residence Relief Changes

Private Residence Relief is changing from April 2020. Richard Coombs explains the changes and the implications for Capital Gains Tax. “As a further squeeze on taxpayers, HMRC have recently announced a further tightening on the Private Residence Relief (PRR),...