KARA Accountants | vat Archives

New VAT penalties and interest changes starting in 2023

9th January 2023
GENERAL

This is essential information for any VAT periods starting on or after 1 January 2023. Being aware of these changes can save money and avoid problems when it comes to submitting a VAT return. HM Revenues and Customs are replacing…

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Two people at a construction site pointing to a table

How will the VAT reverse charge impact construction?

27th January 2021
ADVICE, GENERAL

New VAT rules for building contractors and subcontractors will come into effect from 1 March 2021. They were originally expected to come into force from 1 October 2019, but were delayed due to the impact of the coronavirus pandemic on…

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