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Builders can now install certain energy efficiency products in homes and charge 0% VAT to clients - but which products and processes are included in the new scheme?
Builders can now install energy efficiency products in homes and charge 0% VAT to customers. Here we break down which products and processes are covered under the new rules, and why this is important for small builders.
This report in partnership with RICS shows that a temporary five year cut would generate an economic stimulus of £51 billion and unlock 345,000 jobs, in construction and the wider economy.
The Federation of Master Builders (FMB), together with 30 organisations in the construction industry, is calling on the Government to stop reverse charge VAT...
The recovery in construction activity reported in today’s Construction PMI data can be accelerated if the Government takes decisive action in its March Budget.
Following a cross-industry campaign to delay the implementation of reverse charge VAT for construction, the Government has announced it will be pushed back by five months which will give small businesses in the supply chain much-needed breathing space to work towards recovering cashflow.