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 ...

A new company intending to be involved in buying and refurbishing residential property for sale has approached me to do some bookkeeping work. Company will ...

LONDON, Aug 23 (Reuters) - Britain's tax authority will introduce reverse value-added tax (VAT) charges relating to carbon emissions trading from November 1, replacing a zero tax rate implemented last ...

On 2 October, the Council agreed a proposal that will allow temporary derogations from normal VAT rules in order to better prevent VAT fraud. The proposed directive will allow member states that are ...

LONDON (Reuters) - The government will introduce the so-called "reverse charge" on June 1 in an effort to clamp down on VAT fraud that is costing it billions of pounds, a Treasury minister said on ...