HMRC consult on VAT fraud in construction industry

Released 20 March 2017

HMRC have opened a consultation on policy and legislative options to tackle VAT fraud on the provision of labour in the construction sector. Organised fraud in labour provision within the construction sector presents a significant risk to the public revenue.

The consultation will consider a range of policy options to prevent supply chain fraud in the sector, including a VAT reverse charge and changes to the qualifying criteria for gross payment status within the Construction Industry Scheme.

The consultation closes on 9 June 2017.

More details can be found here.

Be the first to vote