Government delays reverse charge VAT plan again

By Dave Rogers2020-06-05T11:15:00

Initiative put back five months until March next year – but trade groups want even longer postponement

The government has delayed introducing the reverse charge VAT again because of the economic impact it will have on firms dealing with the effects of the covid-19 pandemic.

The changes were originally due to come into effect on 1 October last year and would have seen the customer receiving services having to pay the VAT due to HMRC instead of the supplier – meaning companies would no longer receive their 20% VAT payment when they submitted bills.

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