{"id":3857,"date":"2019-08-21T13:54:04","date_gmt":"2019-08-21T13:54:04","guid":{"rendered":"https:\/\/www.georgehay.co.uk\/blogs\/?p=3790"},"modified":"2023-11-16T09:14:02","modified_gmt":"2023-11-16T09:14:02","slug":"quick-vat-reverse-charge","status":"publish","type":"post","link":"https:\/\/www.georgehay.co.uk\/blogs\/2019\/08\/quick-vat-reverse-charge\/","title":{"rendered":"A quick Q&#038;A on\u2026 the VAT reverse charge"},"content":{"rendered":"<p><span style=\"color: #000000;\">The VAT reverse charge will change the way in which building contractors account for VAT, on some of their supplies, from 1 October 2019. <\/span><\/p>\n<p><span style=\"color: #000000;\">Building contractors must comply with the new rules if they undertake either of the following activities:<\/span><\/p>\n<ul>\n<li><span style=\"color: #000000;\">Buys in construction services, from other builders, then makes an onward supply of these services.<\/span><\/li>\n<li><span style=\"color: #000000;\">Sells construction services to other builders who make an onwards supply of those services.<\/span><\/li>\n<\/ul>\n<p><span style=\"color: #000000;\">The changes have come about, because of HMRC\u2019s concern that some supplies are prone to VAT fraud; for example, where the supplier charges VAT to the customer and receives the money, but never declares it on a VAT return.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h5><strong><span style=\"color: #000000;\">So, what exactly is the VAT reverse charge?<\/span><\/strong><\/h5>\n<p><span style=\"color: #000000;\">Under current rules, a builder charges VAT to a customer, collects the VAT accordingly and accounts for it in Box 1 of the relevant VAT return.<\/span><\/p>\n<p><span style=\"color: #000000;\">The introduction of the \u2018reverse charge\u2019 procedure means that from October, the builder will invoice his customer without charging VAT and the customer will make the necessary Box 1 entry on his own VAT return.<\/span><\/p>\n<p><span style=\"color: #000000;\">The result of this, is that the same amount of VAT will be declared in Box 1 as in Box 4 (input tax) i.e. a nil effect overall on the builder receiving the services.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h5><span style=\"color: #000000;\"><strong>Which sales does the VAT reverse charge apply to?<\/strong><\/span><\/h5>\n<p><span style=\"color: #000000;\">The rules will apply to \u2018construction services.\u2019 The definition of construction services mirrors those used for the Construction Industry Scheme (CIS).<\/span><\/p>\n<p><span style=\"color: #000000;\">The domestic reverse charge will affect supplies at the standard or reduced rates of VAT (either 20 per cent, or 5 per cent), where payments are required to be reported under the CIS. This typically constitutes construction work on permanent or temporary buildings\/structures and civil engineering works. For example<\/span><\/p>\n<ul>\n<li><span style=\"color: #000000;\">Groundworks<\/span><\/li>\n<li><span style=\"color: #000000;\">Demolition<\/span><\/li>\n<li><span style=\"color: #000000;\">Installation of systems for heat, light, power, water or ventilation<\/span><\/li>\n<li><span style=\"color: #000000;\">Painting and decorating<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h5><span style=\"color: #000000;\"><strong>Are there any exclusions from the VAT reverse charge?<\/strong><\/span><\/h5>\n<p><span style=\"color: #000000;\">The VAT reverse charge will not apply where:<\/span><\/p>\n<ul>\n<li><span style=\"color: #000000;\">services are supplied to an end user (i.e. a property owner)<\/span><\/li>\n<li><span style=\"color: #000000;\">a recipient makes onward supplies of those construction services to a connected company;<\/span><\/li>\n<li><span style=\"color: #000000;\">the recipient is not VAT registered, or required to be so;<\/span><\/li>\n<li><span style=\"color: #000000;\">a recipient is not registered for the CIS;<\/span><\/li>\n<li><span style=\"color: #000000;\">supplier and recipient are landlord and tenant or vice versa; or,<\/span><\/li>\n<li><span style=\"color: #000000;\">supplies are classified as zero-rated.<\/span><\/li>\n<\/ul>\n<p><span style=\"color: #000000;\">The Government\u2019s original proposal stated that the reverse charge would apply to \u2018labour only\u2019 supplies of construction services. <\/span><\/p>\n<p><span style=\"color: #000000;\">However, HMRC\u2019s latest publications state that it will also cover the provision of construction services that include materials.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<h5><strong><span style=\"color: #000000;\">Example\u2026<\/span><\/strong><\/h5>\n<p><span style=\"color: #000000;\">Tom is an electrician; he is VAT-registered as a sole trader. He is doing some work on an office block, invoicing the main contractor Chris for his work. Chris is also VAT-registered. He will invoice the person that owns the building.<\/span><\/p>\n<p><span style=\"color: #000000;\">Chris is not an \u2018end user\u2019, because he makes an onward supply of construction services to his own customer. He is what is termed an \u2018intermediary supplier\u2019.<\/span><\/p>\n<p><span style=\"color: #000000;\">The invoice raised by Tom will be subject to the new procedures, i.e. no VAT will be charged. If the value of work, including materials, is \u00a37,000 then his VAT return will reflect this in Box 6 (outputs).<\/span><\/p>\n<p><span style=\"color: #000000;\">Chris will apply the reverse charge calculation and make the following entries on his own return:<\/span><\/p>\n<ul>\n<li><span style=\"color: #000000;\">output tax \u00a31,400 (i.e. \u00a37,000 x 20%) &#8211; Box 1<\/span><\/li>\n<li><span style=\"color: #000000;\">input tax \u00a31,400 (same figure as Box 1) &#8211; Box 4<\/span><\/li>\n<li><span style=\"color: #000000;\">inputs \u00a37,000 (net value of payment made to Tom) &#8211; Box 7<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h5><span style=\"color: #000000;\"><strong>How will the VAT reverse charge impact my business, and how can I prepare?<\/strong><\/span><\/h5>\n<p><span style=\"color: #000000;\">First and foremost, construction businesses must identify instances where they supply services to other businesses in the sector (rather than to a consumer of those services) and determine whether these fall within the list of specified services.<\/span><\/p>\n<p><span style=\"color: #000000;\">Businesses that are caught by the reverse charge VAT will no longer charge VAT on their services. Instead, the recipient will charge themselves VAT.<\/span><\/p>\n<p><span style=\"color: #000000;\">Construction businesses will need to ensure their accounting systems are capable of processing reverse charge supplies. Businesses will also need to make ongoing checks, to ensure that supplies and purchases are correctly treated.<\/span><\/p>\n<p><span style=\"color: #000000;\">Construction services may be charged VAT at different rates dependent upon what work is being undertaken i.e. 20 per cent, 5 per cent, or zero-rated. The onus will now be on the contractor, to verify the correct rate.<\/span><\/p>\n<p><span style=\"color: #000000;\">Subcontractors may need to consider the loss of cashflow, as a result of the changes. VAT can no longer be used to fund cashflow, between receipt and the time it has to be paid to HMRC.<\/span><\/p>\n<p><span style=\"color: #000000;\">On the other hand, however, contractors will no longer experience a delay between paying out and recovering VAT, since payment and recovery will now be dealt with on the same VAT return.<\/span><\/p>\n<p><span style=\"color: #000000;\">Subcontractors will also need to confirm that they are working for a VAT registered business and whether they are working for an end user, or for someone connected to an end user, including landlords and tenants.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h5><strong><span style=\"color: #000000;\">Is there anything else I should be considering?<\/span><\/strong><\/h5>\n<p><span style=\"color: #000000;\">There are a few key questions, that those businesses which are affected could benefit from asking themselves, for example:<\/span><\/p>\n<ul>\n<li><span style=\"color: #000000;\">Will your cash flow suffer if you no longer hold output tax? <\/span><\/li>\n<li><span style=\"color: #000000;\">How can you compensate for this?<\/span><\/li>\n<li><span style=\"color: #000000;\">What training will staff require, in order to comply with the new rules?<\/span><\/li>\n<li><span style=\"color: #000000;\">Is there additional information you will need from your customers and how will you obtain this?<\/span><\/li>\n<li><span style=\"color: #000000;\">If you use the VAT Flat Rate Scheme, how will the charge impact you?<\/span><\/li>\n<\/ul>\n<p><span style=\"color: #000000;\">Overall, the change means that the construction sector is likely to face considerable scrutiny from HMRC, in the foreseeable future. It may therefore be wise to evaluate VAT and CIS compliance across the board.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h5><span style=\"color: #000000;\"><strong>Will there be penalties for non-compliance?<\/strong><\/span><\/h5>\n<p><span style=\"color: #000000;\">HMRC has confirmed that it will apply a light touch approach when dealing with errors that occur in the first 6 months after introduction. However, businesses must be seen to be trying to comply with the new legislation.<\/span><\/p>\n<p><span style=\"color: #000000;\">Businesses that knowingly claim end user status, when the domestic reverse charge should have been applied, will be liable for the output tax that should have been paid and may incur penalties.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h5><strong><span style=\"color: #000000;\">How can George Hay help?<\/span><\/strong><\/h5>\n<p><span style=\"color: #000000;\">We can help those affected to make any necessary changes, in respect of accounting procedures and software, to accommodate the new rules.<\/span><\/p>\n<p><span style=\"color: #000000;\">Our experts will also work with you to ensure that you know how to process affected transactions correctly, after 1 October 2019.<\/span><\/p>\n<p><span style=\"color: #000000;\">With the implementation only a matter of weeks away, it\u2019s worth speaking to any VAT-registered subcontractors you work alongside, to ensure that they know exactly what is required of them under the new rules.<\/span><\/p>\n<p><span style=\"color: #000000;\">If you anticipate that you might be affected by the upcoming changes, <span style=\"color: #ff6600;\"><strong><a style=\"color: #ff6600;\" href=\"https:\/\/www.georgehay.co.uk\/contact-us\/\">contact us<\/a><\/strong><\/span> today on 01480 426500.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The VAT reverse charge will change the way in which building contractors account for VAT, on some of their supplies, from 1 October 2019. Building contractors must comply with the new rules if they undertake either of the following activities:<\/p>\n","protected":false},"author":5,"featured_media":5910,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,12,200,7,5,519,6,81,239,82,301,79,9,230],"tags":[517,100,518,520,521,68,51,522,523,507,26,18],"class_list":["post-3857","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-accounting","category-barry-jefferd","category-business","category-business-support","category-business-taxation","category-construction","category-business-news","category-hmrc","category-industry-sectors","category-legislation","category-self-employed","category-small-businesses","category-tax","category-team-member","tag-building-contractors","tag-cash-flow","tag-cis","tag-construction","tag-construction-services","tag-hmrc","tag-landlords","tag-reverse-charge","tag-sole-trader","tag-supplier","tag-tax","tag-vat"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>A quick Q&amp;A on\u2026 the VAT reverse charge - George Hay Blog<\/title>\n<meta name=\"description\" content=\"The VAT reverse charge will change the way in which building contractors account for VAT, on some of their supplies, from 1 October 2019.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.georgehay.co.uk\/blogs\/2019\/08\/quick-vat-reverse-charge\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A quick Q&amp;A on\u2026 the VAT reverse charge - George Hay Blog\" \/>\n<meta property=\"og:description\" content=\"The VAT reverse charge will change the way in which building contractors account for VAT, on some of their supplies, from 1 October 2019.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.georgehay.co.uk\/blogs\/2019\/08\/quick-vat-reverse-charge\/\" \/>\n<meta property=\"og:site_name\" content=\"George Hay Blog\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-21T13:54:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-16T09:14:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.georgehay.co.uk\/blogs\/wp-content\/uploads\/2019\/08\/QA-VAT-Reverse-Charge.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"768\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Barry Jefferd\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Barry Jefferd\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.georgehay.co.uk\\\/blogs\\\/2019\\\/08\\\/quick-vat-reverse-charge\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.georgehay.co.uk\\\/blogs\\\/2019\\\/08\\\/quick-vat-reverse-charge\\\/\"},\"author\":{\"name\":\"Barry Jefferd\",\"@id\":\"https:\\\/\\\/www.georgehay.co.uk\\\/blogs\\\/#\\\/schema\\\/person\\\/c6ead19f08150ddd7b01394f37810789\"},\"headline\":\"A quick Q&#038;A on\u2026 the VAT reverse charge\",\"datePublished\":\"2019-08-21T13:54:04+00:00\",\"dateModified\":\"2023-11-16T09:14:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.georgehay.co.uk\\\/blogs\\\/2019\\\/08\\\/quick-vat-reverse-charge\\\/\"},\"wordCount\":1123,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.georgehay.co.uk\\\/blogs\\\/2019\\\/08\\\/quick-vat-reverse-charge\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.georgehay.co.uk\\\/blogs\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/QA-VAT-Reverse-Charge.png\",\"keywords\":[\"building contractors\",\"cash flow\",\"CIS\",\"construction\",\"construction services\",\"HMRC\",\"landlords\",\"reverse charge\",\"sole trader\",\"supplier\",\"Tax\",\"VAT\"],\"articleSection\":[\"Accounting\",\"Barry Jefferd\",\"Business\",\"Business Support\",\"Business Taxation\",\"Construction\",\"Economic \\\/ Business News\",\"HMRC\",\"Industry Sectors\",\"Legislation\",\"Self-employed\",\"Small businesses\",\"Tax\",\"Team Member\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.georgehay.co.uk\\\/blogs\\\/2019\\\/08\\\/quick-vat-reverse-charge\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.georgehay.co.uk\\\/blogs\\\/2019\\\/08\\\/quick-vat-reverse-charge\\\/\",\"url\":\"https:\\\/\\\/www.georgehay.co.uk\\\/blogs\\\/2019\\\/08\\\/quick-vat-reverse-charge\\\/\",\"name\":\"A quick Q&A on\u2026 the VAT reverse charge - George Hay Blog\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.georgehay.co.uk\\\/blogs\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.georgehay.co.uk\\\/blogs\\\/2019\\\/08\\\/quick-vat-reverse-charge\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.georgehay.co.uk\\\/blogs\\\/2019\\\/08\\\/quick-vat-reverse-charge\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.georgehay.co.uk\\\/blogs\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/QA-VAT-Reverse-Charge.png\",\"datePublished\":\"2019-08-21T13:54:04+00:00\",\"dateModified\":\"2023-11-16T09:14:02+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.georgehay.co.uk\\\/blogs\\\/#\\\/schema\\\/person\\\/c6ead19f08150ddd7b01394f37810789\"},\"description\":\"The VAT reverse charge will change the way in which building contractors account for VAT, on some of their supplies, from 1 October 2019.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.georgehay.co.uk\\\/blogs\\\/2019\\\/08\\\/quick-vat-reverse-charge\\\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.georgehay.co.uk\\\/blogs\\\/2019\\\/08\\\/quick-vat-reverse-charge\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/www.georgehay.co.uk\\\/blogs\\\/2019\\\/08\\\/quick-vat-reverse-charge\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.georgehay.co.uk\\\/blogs\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/QA-VAT-Reverse-Charge.png\",\"contentUrl\":\"https:\\\/\\\/www.georgehay.co.uk\\\/blogs\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/QA-VAT-Reverse-Charge.png\",\"width\":1024,\"height\":768},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.georgehay.co.uk\\\/blogs\\\/2019\\\/08\\\/quick-vat-reverse-charge\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.georgehay.co.uk\\\/blogs\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"A quick Q&#038;A on\u2026 the VAT reverse charge\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.georgehay.co.uk\\\/blogs\\\/#website\",\"url\":\"https:\\\/\\\/www.georgehay.co.uk\\\/blogs\\\/\",\"name\":\"George Hay Blog\",\"description\":\"Chartered Accountants and Business Advisers in Bedfordshire, Cambridgeshire and Hertfordshire\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.georgehay.co.uk\\\/blogs\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.georgehay.co.uk\\\/blogs\\\/#\\\/schema\\\/person\\\/c6ead19f08150ddd7b01394f37810789\",\"name\":\"Barry Jefferd\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/www.georgehay.co.uk\\\/blogs\\\/wp-content\\\/uploads\\\/2022\\\/02\\\/barry-jefferd-96x96.jpg\",\"url\":\"https:\\\/\\\/www.georgehay.co.uk\\\/blogs\\\/wp-content\\\/uploads\\\/2022\\\/02\\\/barry-jefferd-96x96.jpg\",\"contentUrl\":\"https:\\\/\\\/www.georgehay.co.uk\\\/blogs\\\/wp-content\\\/uploads\\\/2022\\\/02\\\/barry-jefferd-96x96.jpg\",\"caption\":\"Barry Jefferd\"},\"url\":\"https:\\\/\\\/www.georgehay.co.uk\\\/blogs\\\/author\\\/barry_jefferd\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"A quick Q&A on\u2026 the VAT reverse charge - George Hay Blog","description":"The VAT reverse charge will change the way in which building contractors account for VAT, on some of their supplies, from 1 October 2019.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.georgehay.co.uk\/blogs\/2019\/08\/quick-vat-reverse-charge\/","og_locale":"en_GB","og_type":"article","og_title":"A quick Q&A on\u2026 the VAT reverse charge - George Hay Blog","og_description":"The VAT reverse charge will change the way in which building contractors account for VAT, on some of their supplies, from 1 October 2019.","og_url":"https:\/\/www.georgehay.co.uk\/blogs\/2019\/08\/quick-vat-reverse-charge\/","og_site_name":"George Hay Blog","article_published_time":"2019-08-21T13:54:04+00:00","article_modified_time":"2023-11-16T09:14:02+00:00","og_image":[{"width":1024,"height":768,"url":"https:\/\/www.georgehay.co.uk\/blogs\/wp-content\/uploads\/2019\/08\/QA-VAT-Reverse-Charge.png","type":"image\/png"}],"author":"Barry Jefferd","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Barry Jefferd","Estimated reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.georgehay.co.uk\/blogs\/2019\/08\/quick-vat-reverse-charge\/#article","isPartOf":{"@id":"https:\/\/www.georgehay.co.uk\/blogs\/2019\/08\/quick-vat-reverse-charge\/"},"author":{"name":"Barry Jefferd","@id":"https:\/\/www.georgehay.co.uk\/blogs\/#\/schema\/person\/c6ead19f08150ddd7b01394f37810789"},"headline":"A quick Q&#038;A on\u2026 the VAT reverse charge","datePublished":"2019-08-21T13:54:04+00:00","dateModified":"2023-11-16T09:14:02+00:00","mainEntityOfPage":{"@id":"https:\/\/www.georgehay.co.uk\/blogs\/2019\/08\/quick-vat-reverse-charge\/"},"wordCount":1123,"commentCount":0,"image":{"@id":"https:\/\/www.georgehay.co.uk\/blogs\/2019\/08\/quick-vat-reverse-charge\/#primaryimage"},"thumbnailUrl":"https:\/\/www.georgehay.co.uk\/blogs\/wp-content\/uploads\/2019\/08\/QA-VAT-Reverse-Charge.png","keywords":["building contractors","cash flow","CIS","construction","construction services","HMRC","landlords","reverse charge","sole trader","supplier","Tax","VAT"],"articleSection":["Accounting","Barry Jefferd","Business","Business Support","Business Taxation","Construction","Economic \/ Business News","HMRC","Industry Sectors","Legislation","Self-employed","Small businesses","Tax","Team Member"],"inLanguage":"en-GB","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.georgehay.co.uk\/blogs\/2019\/08\/quick-vat-reverse-charge\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.georgehay.co.uk\/blogs\/2019\/08\/quick-vat-reverse-charge\/","url":"https:\/\/www.georgehay.co.uk\/blogs\/2019\/08\/quick-vat-reverse-charge\/","name":"A quick Q&A on\u2026 the VAT reverse charge - George Hay Blog","isPartOf":{"@id":"https:\/\/www.georgehay.co.uk\/blogs\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.georgehay.co.uk\/blogs\/2019\/08\/quick-vat-reverse-charge\/#primaryimage"},"image":{"@id":"https:\/\/www.georgehay.co.uk\/blogs\/2019\/08\/quick-vat-reverse-charge\/#primaryimage"},"thumbnailUrl":"https:\/\/www.georgehay.co.uk\/blogs\/wp-content\/uploads\/2019\/08\/QA-VAT-Reverse-Charge.png","datePublished":"2019-08-21T13:54:04+00:00","dateModified":"2023-11-16T09:14:02+00:00","author":{"@id":"https:\/\/www.georgehay.co.uk\/blogs\/#\/schema\/person\/c6ead19f08150ddd7b01394f37810789"},"description":"The VAT reverse charge will change the way in which building contractors account for VAT, on some of their supplies, from 1 October 2019.","breadcrumb":{"@id":"https:\/\/www.georgehay.co.uk\/blogs\/2019\/08\/quick-vat-reverse-charge\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.georgehay.co.uk\/blogs\/2019\/08\/quick-vat-reverse-charge\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.georgehay.co.uk\/blogs\/2019\/08\/quick-vat-reverse-charge\/#primaryimage","url":"https:\/\/www.georgehay.co.uk\/blogs\/wp-content\/uploads\/2019\/08\/QA-VAT-Reverse-Charge.png","contentUrl":"https:\/\/www.georgehay.co.uk\/blogs\/wp-content\/uploads\/2019\/08\/QA-VAT-Reverse-Charge.png","width":1024,"height":768},{"@type":"BreadcrumbList","@id":"https:\/\/www.georgehay.co.uk\/blogs\/2019\/08\/quick-vat-reverse-charge\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.georgehay.co.uk\/blogs\/"},{"@type":"ListItem","position":2,"name":"A quick Q&#038;A on\u2026 the VAT reverse charge"}]},{"@type":"WebSite","@id":"https:\/\/www.georgehay.co.uk\/blogs\/#website","url":"https:\/\/www.georgehay.co.uk\/blogs\/","name":"George Hay Blog","description":"Chartered Accountants and Business Advisers in Bedfordshire, Cambridgeshire and Hertfordshire","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.georgehay.co.uk\/blogs\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/www.georgehay.co.uk\/blogs\/#\/schema\/person\/c6ead19f08150ddd7b01394f37810789","name":"Barry Jefferd","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.georgehay.co.uk\/blogs\/wp-content\/uploads\/2022\/02\/barry-jefferd-96x96.jpg","url":"https:\/\/www.georgehay.co.uk\/blogs\/wp-content\/uploads\/2022\/02\/barry-jefferd-96x96.jpg","contentUrl":"https:\/\/www.georgehay.co.uk\/blogs\/wp-content\/uploads\/2022\/02\/barry-jefferd-96x96.jpg","caption":"Barry Jefferd"},"url":"https:\/\/www.georgehay.co.uk\/blogs\/author\/barry_jefferd\/"}]}},"_links":{"self":[{"href":"https:\/\/www.georgehay.co.uk\/blogs\/wp-json\/wp\/v2\/posts\/3857","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.georgehay.co.uk\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.georgehay.co.uk\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.georgehay.co.uk\/blogs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.georgehay.co.uk\/blogs\/wp-json\/wp\/v2\/comments?post=3857"}],"version-history":[{"count":1,"href":"https:\/\/www.georgehay.co.uk\/blogs\/wp-json\/wp\/v2\/posts\/3857\/revisions"}],"predecessor-version":[{"id":5911,"href":"https:\/\/www.georgehay.co.uk\/blogs\/wp-json\/wp\/v2\/posts\/3857\/revisions\/5911"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.georgehay.co.uk\/blogs\/wp-json\/wp\/v2\/media\/5910"}],"wp:attachment":[{"href":"https:\/\/www.georgehay.co.uk\/blogs\/wp-json\/wp\/v2\/media?parent=3857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.georgehay.co.uk\/blogs\/wp-json\/wp\/v2\/categories?post=3857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.georgehay.co.uk\/blogs\/wp-json\/wp\/v2\/tags?post=3857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}