VAT reverse charging fundamentally shifts the responsibility of VAT accounting from the seller to the buyer. Unlike traditional VAT transactions where sellers collect and pay VAT to HMRC, the buyer handles the VAT declaration instead. Consequently, this mechanism...
Previously we talked about Brexit and your business, this week I want to look at VAT in a post-Brexit world. Last week we spoke about Brexit. This week we're going to talk about VAT in a post Brexit world. VAT in a post-Brexit world. What does it look like? Well, in...