consilium.europa

VAT reverse charge mechanism: preventing VAT fraud

The content on this page is provided for reference purposes only. This content has not been altered or updated since 5 May 2020 The Council is working on a proposal for a Council directive which aims ...
JD Supra

An Overview of the Construction VAT Domestic Reverse Charge

The DRC will affect around 150,000 businesses in the construction industry It will require those receiving a supply of construction services to account for VAT directly to HMRC In particular, it will ...
Reuters

UK to impose "reverse charge" VAT fraud measure June 1

LONDON (Reuters) - The government will introduce the so-called "reverse charge" on June 1 in an effort to clamp down on VAT fraud that is costing it billions of pounds, a Treasury minister said on ...
consilium.europa

VAT fraud: Council agrees to allow generalised, temporary reversal of liability

On 2 October, the Council agreed a proposal that will allow temporary derogations from normal VAT rules in order to better prevent VAT fraud. The proposed directive will allow member states that are ...
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SARS warns consumers to check VAT charges on invoices

JOHANNESBURG - SARS Commissioner Edward Kieswtter is warning consumers to be vigilant, and check their invoices. This as companies are frantically rushing to change their systems back to the 15 ...