For those of you in the construction sector.... your VAT rules have been delayed! 

Read more to see what's happening...

Under new rules due to come in on 1st October 2019 builders, sub-contractors and other trades associated with the construction industry will have start using a new method of accounting for VAT.

New VAT rules are finally due to come into effect this March which will impact on accounting for VAT for transactions in the construction sector. These new rules, which were originally scheduled to start back in October 2019, have already been delayed twice as there was a lack of awareness of the changes in the industry.