Domestic Reverse Charge VAT for the Construction Industry

What is domestic reverse charge VAT? Domestic Reverse Charge VAT legislation (DRC) is a change in the way CIS registered construction businesses handle and pay VAT. It is being introduced in the UK on 1st March 2021, having previouslybeen delayed from October 2019. Why is it being introduced? The domestic reverse charge VAT procedure is
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‘Fundamental’ overhaul of business rates in view

The government has announced a call for evidence for the fundamental review of the business rates system promised at the Spring Budget, seeking views on issues to be addressed, ideas for change and alternative taxes. The government is looking at ways to reduce the overall burden on businesses, improve the current business rates system, and
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