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NEW VAT RULES – BUILDING TRADE

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From Oct 01, 2019, VAT-registered subcontractors in the building trade are no longer allowed to charge VAT to VAT-registered contractors. Note that the end-user customers you provide services to are not affected so you must carry on charging them VAT. THE following list shows what the new invoices issued to VAT-registered contractors from Oct 01, … Continue reading →

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Phoenix Debola is licensed and regulated by the Institute of Financial Accountants (UK), the Institute of Public Accountants (Australia) and FA and the Association of Accounting Technicians (AAT) to provide Accountancy, Tax and related services. IFA/IPA and AAT are recognised by HM Treasury to supervise compliance with the Money Laundering Regulations and Phoenix Debola Accountancy Practice is supervised by the AAT in this respect.