This website uses cookies primarily for visitor analytics. Certain pages will ask you to fill in contact details to receive additional information. On these pages you have the option of having the site log your details for future visits. Indicating you want the site to remember your details will place a cookie on your device. To view our full cookie policy, please click here. You can also view it at any time by going to our Contact Us page.

Victory claimed in construction VAT postponement

06 September 2019

Following the government's announcement that the planned VAT changes for the construction sector has been delayed for one year, the Federation of Master Builders (FMB) has described this as a "victory for common sense".

With the reverse charge VAT changes due to be implemented on 1 October this year, a campaign was launched to press the government to change its plans due to the level of confusion and potential damage this would do to the construction industry.

Led by the FMB, the initiative included 15 industry bodies involved in lobbying the government on the impact the changes would make.

Findings of the FMB survey in July had helped to show that nearly 70% of employers were not aware of the proposed changes and few companies were prepared to deal with these.

FMB chief executive Brian Berry described the decision to delay the change as "sensible and pragmatic" and said the changes could have proved "disastrous".

He criticised HMRC for the "poor communication and guidance" it had provided, but said it was "reassuring" that government had listened to the construction industry.

"What's required now is for the government and industry to work together to deliver a sector-wide communications campaign, which must include plain English guidance on the changes.

"We also want to work with the government to deliver workshops aimed at construction employers, held in locations across the country, to explain what's happening and why," said Mr Berry.


Print this page | E-mail this page

http://www.fsifm.com
PFM


MOST VIEWED...

View more articles
Article image

Why the Law Says You Need a Nappy Bin Disposal Service

At home, parents are used to disposing of their babies’ used nappies the same way they do any other domestic waste - bagging it up and sticking it in the r...
Article image

Young Leader finalists announced by EWL

Four finalists have been announced by the Emerging Workplace Leaders (EWL) within the Young Leader of the Year (YLOTY) category within the PFM Awards 2019....

Benchmarking maintenance

BSRIA has just published this year's operation and maintenance benchmarking report as a guide for building operators to evaluate their performance against ...
Article image

Wireless key safe launched by Orbis Protect

An agreement between leading site protection provider Orbis Protect and the makers of the UK’s most secure smart key safe is set to significantly improve s...
Article image

California law predicted to impact on the wider gig economy

Industry experts are continuing to assess Assembly Bill 5 (AB5) passed by the Senate of the US state of California this week....
Article image

BBC describes SF6 gas as 'electrical industry's dirty secret'

According to a recent BBC report, SF6 is the most powerful greenhouse gas known to humanity and emissions have increased due to raised levels of use for me...