VAT Domestic Reverse Charge – How does this affect the construction sector?

The VAT rules for property developers and investors are increasingly complex. For example, on 1 October 2019 new legislation aimed at tackling VAT fraud in the construction sector will come into force.  The measure aims to shift liability to account for VAT on supplies of construction services to the customer rather than the supplier.  In our webinar, Jonathan Main, VAT Partner at MHA Moore and Smalley provides an overview of the most important VAT issues to address and concentrates in detail on the forthcoming changes intended to combat VAT fraud in the sector.

MHA Moore and Smalley adds VAT specialist

MHA Moore and Smalley has appointed VAT specialist Steven Cosgrove to its team.

Steven joins the firm as a VAT manager from HMRC where he worked for 14 years as a technical specialist.

He will be based at MHA Moore and Smalley’s Preston office as part of the firm’s growing indirect tax presence across the North West.  

Steven’s role will involve helping clients with general VAT matters and technical issues, as well as providing advice to businesses on their dealings with HMRC.

Jonathan Main, partner and head of the indirect tax team, said: “VAT is a complex area that many businesses find difficult to comply with. Steven provides us with deep technical expertise, together with an added insight into HMRC, which will undoubtedly help our clients to better manage their affairs and their interactions with HMRC.”

Steven added: “My advice to business owners is to always try to have a strong working relationship with HMRC and so it was great to see this is also the approach that MHA Moore and Smalley advocates. Our role is to help businesses get it right.”

Jonathan added: “Our specialist tax department is the largest and most experienced in its chosen market with considerable expertise across all aspects of tax. Steven’s appointment is critical to the firm’s strategy to grow a more substantial offering across all indirect taxes.”

Originally from Blackburn, Steven studied at University of Huddersfield and now lives in Oswaldtwistle. He is a keen footballer and helps to run several junior football teams in and around Blackburn at grassroots level.

David Hackett

Professional: David joined MHA Moore and Smalley in 2006 after graduating from the University of Lancaster with a degree in Mathematics, and went on to qualify as a Chartered Accountant in 2009 and a Chartered Tax Adviser in 2011.

David provides specialist taxation advice to a wide range of owner managed businesses, small and large, covering income, capital and business taxes. David also provides advice to our academy schools clients on areas such as VAT and corporation tax.

Personal: In his spare time, David enjoys spending time with his wife and two young children and watching sport, mainly football.

Rachel Marsdin

Professional: Rachel worked for Lonsdale and Partners for nearly twenty years before joining the Moore and Smalley team. Rachel initially trained as an auditor and accountant and after discovering an interest in tax she trained as a Tax Advisor. Rachel now leads the tax teams at our Lancaster and Kendal offices where she works mainly on tax planning issues for our private, business and corporate clients. Rachel specialises in many of our sectors including Professional Practices and the Leisure sector.  She also has wide experience of Research & Development tax credits, capital allowance claims and the new patent box.

Personal: Outside of Moore and Smalley Rachel enjoys cycling, watching sport and preparing meals using home grown ingredients from her allotment.

Michael F Boden

Professional:    Michael started his career with the Inland Revenue. He realised after a short period of time that his future lay in the tax profession. Michael then worked for a number of professional firms and subsequently joined a national firm in 1977 where he became a partner before starting his own practice in 1987 providing advice to high income and high worth individuals and proprietor managed businesses.

Personal:   Outside of the professional work, Michael enjoys spending time with his young family. In addition, Michael plays competitive tennis and table tennis and has recently become an active musician again.

David Bennett

Professional: David has over twenty-five years experience in providing specialist tax advice, covering business, personal and capital taxes. His main areas of expertise are tax planning and dealing with HMRC tax investigations. He also contributes articles about tax to external publications.

Personal: David enjoys walking, reading Victorian novels and building a collection of bizarre cover versions of well-known pop songs. Anyone who has supported one of our charity quiz nights will be only too well acquainted with some of them.