Major VAT Changes in the Construction Industry – Are You Prepared?
Date and time: August 30, 2019 , 7:30am
Organised by: Aston Shaw
Venue: Holiday Inn North, Cromer Road, Norwich, NR6 6JA
From the 1st October 2019 the way the construction industry charges VAT is undergoing a major change. HMRC’s “Domestic Reverse Charge” will affect VAT-registered individuals, businesses and companies and is likely to have a significant impact on their cash flow. With cash flow being the predominant factor of the success and failure of any business in the construction industry, it is imperative that businesses are not caught unprepared.
From the 1st October 2019 the way the construction industry charges VAT is undergoing a major change.
HMRC’s “Domestic Reverse Charge” will affect VAT-registered individuals, businesses and companies and is likely to have a significant impact on their cash flow. With cash flow being the predominant factor of the success and failure of any business in the construction industry, it is imperative that businesses are not caught unprepared.
As part of our commitment to ensure our valued clients are both educated about and comfortable with the proposed changes, Aston Shaw is joining forces with New Anglia Growth Hub and NatWest to host this free-to-attend seminar to explain in layman’s terms what will be changing and how you can take steps to not just comply with, but take advantage of, the new rules.
Agenda and Timings
7:30am Arrival, breakfast and networking
Welcome and Introductions – David Sparkes, New Anglia Growth Hub
The Domestic Reverse Charge – Glenn Savill, Aston Shaw
Financial Support Available – Andy Gray, NatWest
8:50am Questions and Answers
9:00am 1-2-1 opportunities and networking
9:30am Event Close
Glenn Savill, Relationship Manager, Aston Shaw
Glenn Savill is passionate about engaging local businesses to topics and advice that make a real difference to SMEs. He has been with the firm since graduating from university with an Accounting & Finance honours degree in 2009. Having become a fully qualified Chartered Certified Accountant in 2015, he is now known for his down-to-earth yet energetic personality which makes him the perfect person to deliver important advice in a manner that is understandable and valuable.
Andy Gray, Business Growth Enabler, NatWest
Andy is the NatWest Business Growth Enabler for Norfolk and Suffolk. Using his background in the construction industry, Andy supports local businesses with 121 consultations, business-focussed events and making local business connections through the Bank’s network.
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