TICA & ACAD members are invited to our members only webinar this Friday from 1pm until 2pm to learn more about the impact of Reverse VAT from 1st March and IR35, the new rules regarding employment status, from April.

Whilst the #StopReverseVAT campaign continues, the planned introduction of VAT Reverse Charging on the majority of construction-related services is still planned to come into force from 1st March 2021. Most businesses will be affected, and Members should take action now to ensure they can minimise the impact this change will have on their businesses.  The webinar covers all key elements of this including cashflow planning and the critical question of when you should receive VAT under the new system.

IR35 will alter how Personal Service Company Contractors (PSCs) are engaged, i.e. how contract labour supply/off payroll workers are paid. This will include how to assess and retain non-permanent workers and ensure your business remains compliant.

Remember you need to register to access this webinar by getting in touch via training@tica.uk.com or training@acad.uk.com before the webinar from 1pm this Friday.