What are the new VAT rules for construction?
As per new VAT rules, those subcontractors who are VAT registered will not charge VAT to VAT-registered businesses on certain construction services. Rather, the customer or the VAT-registered business will “self-account” for the VAT due.
To learn more about the new VAT rules for construction, click here.
At IBISS & CO, our tax experts can help your business deal with VAT matters through our portfolio of services covering VAT registration, planning, and returns.
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