New VAT rules for the construction sector start on 1st March 2021

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RWB_New_VAT_rules_for_the_construction_sector_start_on_1st_March_2021

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.

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