Domestic Reverse Charge – What’s that?
Any CIS (Construction Industry Scheme) Contractor or Subcontractor who is also VAT registered should read our more comprehensive page covering Domestic Reverse Charge.
The regulations governing this start on 1 March 2021 so it is important to understand the process and ensure you follow it.
The process starts with the Subcontractor. If you are not VAT registered, you can go and have a cup of tea. You don’t have to bother with the rest, but you might find it interesting, particularly if you have plans to grow your business.
There are three things which a subcontractor needs to establish: – Read the full page for more.
If you are a Contractor, firstly you will need to confirm your status to any Subcontractors you use. They should ask you whether you are a Contractor or an End User and your VAT status. – Read the full page for more
There are transitional arrangements for work which crosses over the start date. Ask us for more information about these and any other aspect of DRC.
Telephone – 01509 816150
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