![istock-472000536_fmt](https://www.taxation.co.uk/images/default-source/files/field/image/istock-472000536_fmt.png?sfvrsn=3cac569d_2)
Hidden shocker
KEY POINTS
- Reverse charge for the construction industry comes into force on 1 October 2019.
- Builders will have to check contractor clients are VAT registered and mention ‘reverse charge’ in invoices.
- Sales will be covered by the reverse charge and excluded from the flat rate scheme.
- It may be necessary to withdraw from the scheme on 30 September.
When I first read about the proposed reverse charge legislation for the construction industry my reaction was that it...
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