Related articles

Back to News

Construction senior associate, Bal Manak, explains the main changes that take effect from today – 1 March 2021.

VAT-registered subcontractors will no longer charge VAT on certain construction services to another VAT-registered business. Instead, the customer will ‘self-account’ for any VAT due – this is known as the Reverse Charge. The Reverse Charge rules will mean that the VAT will no longer flow around the supply chain and is not paid until it reaches an ‘end user’ or private individual.

Services

Ways we can help

Fearlessly Solving

Watch the film

People

By big repuation

What our clients say

It is important to have a strong and trusted team of professional advisers. That is why I use Square One Law.

Peter Stephenson, Executive Chairman, Able UK,

The Square One Law team are excellent. They always provide us not only with rapid, detailed and most of all, cost effective guidance but also advice that is very commercial.

Trevor Silver, Chairman, Landid,

We’ve worked with Square One Law across our business from the start. They understand our proposition and can deliver in terms of us achieving quick turnaround times for our customer base, which will promote new benchmarks for the industry.

Stephen Pratt, Head of Originations, Atom Bank,
Able UK – Corporate
Landid – Property
Atom Bank – Corporate