VAT fiasco
Language: English Series: Yorkshire Post ; 7 July 1998, B4(1)Publication details: 1998Subject(s): Summary: Recent changes to VAT rules could have serious implications for the construction industry. Builders will have to pay VAT costs within 18 months of completing a project - which could cause problems if they have not been paid by the developer. Under current rules VAT payments are triggered by payment or the issuing of an invoice.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3426-54 (Browse shelf(Opens below)) | 1 | Available | 87309-1001 |
Recent changes to VAT rules could have serious implications for the construction industry. Builders will have to pay VAT costs within 18 months of completing a project - which could cause problems if they have not been paid by the developer. Under current rules VAT payments are triggered by payment or the issuing of an invoice.