Construction tax – CIS, the new VAT rules on compensation payments and the VAT reverse charge


New VAT rules were introduced on 2 September affecting compensation and termination payments. In addition, the new “reverse charge” VAT regime for the construction industry has been postponed but it hasn’t gone away. This webinar focusses on:-
• how the new VAT rules affect construction contracts and construction disputes
• the practical steps you can take now to prepare for the new VAT regime when it starts on 1 April 2021; and
• areas to watch out for given HMRC’s increased focus on Construction Industry Scheme compliance.