Do you receive orders from CIS enrolled customers?
Following the implementation of the new VAT reverse charge for building and construction services from 1 March 2021, those providing services to the UK construction industry (whose customers are registered under the Construction Industry Scheme) will have to manage and pay VAT in a different way.
This will only be for transactions between VAT-registered contractors and subcontractors that are reported under the Construction Industry Scheme and are subject to the VAT reverse charge for construction. According to HMRC’s website "If the customer is registered for UK VAT and the supply is within CIS then the domestic reverse charge will apply."
If you’re likely to receive orders through prof.ITplus from a customer who is UK VAT registered and is enrolled in the Construction Industry Scheme, please let us know before 5 March 2021 using the form below, and we will ensure you are kept informed of our development plans, prof.ITplus release timescales and costs.
If you have any queries arising from this please speak to your Account Manager.