VAT changes from 1st April 2022: End of temporarily reduced VAT rate for leisure and hospitality
Written by VAT Partner, Sandy Cochrane The VAT rate has returned to the standard rate, (currently 20%) for the leisure and hospitality sector. In July 2020, VAT was temporarily reduced from 20% to 5% for the hospitality, hotel and leisure sectors, including on the admission charges to certain attractions. This VAT cut was introduced in […]
Reverse charge for domestic construction services
Written by Tax Consultant, Ian MacGillivray As from 1st March 2021, those involved in construction services in the UK will, if their services fall within the relevant criteria, have to operate the reverse charge (RC). They will have to decide whether the procedure applies. If it does, its effect is to shift the responsibility to […]