HMRC’s updated VAT Notice 731 confirms that businesses cannot use the cash accounting scheme for supplies of goods and services that are subject to one of the domestic reverse charges.
Business are directed to VAT Notice 735 and, for supplies of building and construction services, to the relevant HMRC guidance, to find out if they need to apply the relevant VAT reverse charge.
HMRC’s updated VAT Notice 731 confirms that businesses cannot use the cash accounting scheme for supplies of goods and services that are subject to one of the domestic reverse charges.
Business are directed to VAT Notice 735 and, for supplies of building and construction services, to the relevant HMRC guidance, to find out if they need to apply the relevant VAT reverse charge.
