All contractors and subcontractors should register with HMRC for the construction industry scheme. Subcontractors will be subject to a higher-rate deduction if they have not registered. The new domestic reverse charge for construction services comes into force on 1 October 2019. Download PDF for Offline Reading
If your property business pays subcontractors or spends substantially on construction you must make sure you are compliant and register with HMRC. Don’t risk hefty penalties.
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Review your revaluation details or you may find yourself paying an incorrect amount in business rates…